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Home/Legislation/Bankruptcy Act 1966/185G

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Bankruptcy Act 1966

185GLapsing of a debt agreement proposal

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185G Lapsing of a debt agreement proposal A debt agreement proposal lapses if: (b) the Official Receiver accepts the proposal for processing and writes to affected creditors about it, but no replies are received before the applicable deadline; or (c) the debtor dies after giving the proposal to the Official Receiver but before a debt agreement is made on the basis of the proposal. Note: Section 185H deals with the making of a debt agreement. Division 3—Making a debt agreement

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Section 185G - Bankruptcy Act 1966 - Lapsing of a debt agreement proposal — Zoe