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RBA Glossary definition for bankruptcy

bankruptcy – A legal status, which can be initiated by a creditor or person concerned, whereby the bankrupt's property is vested in a trustee and, with the exception of certain personal and professional property, is available for distribution to creditors.

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Box B: Recent Trends in Personal Credit

10 Apr 2018 FSR – April 2018
Personal administrations include bankruptcy, debt agreements and personal insolvency agreements. The materials on this webpage are subject to copyright and their use is subject to the terms and conditions set out
https://www.rba.gov.au/publications/fsr/2018/apr/box-b.html

Developing Housing Finance Systems | Conference – 2012

20 Aug 2012 Conferences
Francis E Warnock and Veronica Cacdac
borrowers (mainly bankruptcy and collateral laws), the depth of credit information systems, the ease of registering property (as a proxy for how well the housing market works), and macroeconomic stability. ... The index ranges from 0 to 10, with a higher
https://www.rba.gov.au/publications/confs/2012/warnock-warnock.html

Box A: Global Recovery Rates on Corporate Defaults

24 Mar 2010 FSR - March 2010 PDF 88KB
https://www.rba.gov.au/publications/fsr/2010/mar/pdf/box-a.pdf

References

25 Oct 2022 RDP 2022-05
Kim Nguyen
Berk JB, R Stanton and J Zechner (2010), ‘Human Capital, Bankruptcy, and Capital Structure’, The Journal of Finance, 65(3), pp 891–926.
https://www.rba.gov.au/publications/rdp/2022/2022-05/references.html
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The Financial Position of Australian Unlisted Businesses

10 Dec 2010 Bulletin – December 2010
Tom Bilston and Melissa Watson
Business-related bankruptcies have risen since March 2009, but remain only slightly above their long-run average and are still substantially below the levels seen in the early 1990s. ... Insolvency and Trustee Service Australia (ITSA) data suggest that
https://www.rba.gov.au/publications/bulletin/2010/dec/8.html

The International Reform Agenda: Unfinished Business

20 Oct 1999 Speech
Stephen Grenville
Speech by Stephen Grenville to the World Economic Forum 1999 East Asia Economic Summit, Singapore
https://www.rba.gov.au/speeches/1999/sp-dg-201099.html

Financial Crises and Globalisation

15 Jul 1999 Speech
Stephen Grenville
Address by Stephen Grenville to The Reinventing Bretton Woods Committee Conference, ‘International Capital Mobility and Domestic Economic Stability’ Canberra on 15 July 1999
https://www.rba.gov.au/speeches/1999/sp-dg-150799.html

The Global Financial Environment

7 Oct 2022 FSR – October 2022
Partly as a result, several large crypto lending platforms, including Celsius and Voyager, were unable to meet withdrawal requests from investors and some have since declared bankruptcy.
https://www.rba.gov.au/publications/fsr/2022/oct/global-financial-environment.html

The Real Effects of Debt Covenants: Evidence from Australia

24 Oct 2022 RDP PDF 1647KB
violations of their terms occur more frequently than defaults or bankruptcies (Dichev and.
https://www.rba.gov.au/publications/rdp/2022/pdf/rdp2022-05.pdf

The Asian Crisis: A Retrospective

18 Jul 2007 Speech
Glenn Stevens
Speech by Glenn Stevens to the Anika Foundation Luncheon supported by Australian Business Economists and Macquarie Bank, Sydney
https://www.rba.gov.au/speeches/2007/sp-gov-180707.html