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Bankruptcy and Family Law Proceedings

Dividing property after separation is often stressful. Each party worries about their financial future. Bankruptcy adds further complexity to a family law property settlement. Even couples who are still together should seek urgent legal advice if one party faces bankruptcy or insolvency. The non-bankrupt party should act quickly to protect their interests in shared assets.…

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Why everyone needs a Power of Attorney

Most adults over 18 should consider having a Power of Attorney in place. A Power of Attorney is a legal document made by a person (the principal). It authorises one or more people (the attorney) to act on the principal’s behalf. The document defines what the attorney can do. This can range from a single…

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Selling property – S32 Vendor’s Statement

Anyone who sells land in Victoria must disclose certain information to the purchaser. They do this by providing a disclosure statement. This is commonly called a “vendor’s statement”. Importantly, the vendor must provide it before the purchaser signs the contract of sale. In October 2014, significant changes came into effect. These changes updated what vendors…

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