Jirsch Sutherland partner Stewart Free said he has seen a recent increase in bankruptcies directly related to Division 7A loans.
Read more at the Accountants Daily.
Accountants warned on rising bankruptcies linked to Division 7A
A spike in bankruptcies as a direct result of director loans has led to concerns that clients may not fully understand their obligations with Division 7A loan accounts, an insolvency firm has warned.
