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VIC Bankruptcy Trustee Behaviour and Small Business Disaster

Discussion in 'Debt and Bankruptcy Law Forum' started by muddie, 10 February 2015.

  1. muddie

    muddie Member

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    A little bit of History:
    I went bankrupt in 2004. Was discharged in 2009 owing the ATO money. In that time, the ATO has taken multi thousands in personal tax. At the time of discharge, the bankruptcy trustee put our house in their name (at the time there was a caveat on the house). The trustee is now asking for $50000.
    The house is still under mortgage.

    Questions:
    1. When the house was taken out of our name, should the contract have been renegotiated?
    2. Was it legal for the trustee to put it in their name?
    3. Why did they not just take the house at the start?
     
  2. Amanda E

    Amanda E Well-Known Member

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