Business & Commercial · Perth CBD
1 personal bankruptcy firm in Perth CBD, Western Australia, including Perth.
1 firm
MKI Legal provides legal services in East Perth, WA. Listed practice areas include Employment Law, Business & Commercial Law and Unfair Dismissal.
Options include informal arrangements, debt agreements, personal insolvency agreements and bankruptcy, each with different consequences.
Personal insolvency affects credit, travel and some occupations. Understanding the options can mean a better outcome than bankruptcy.
Personal insolvency is governed by the Bankruptcy Act 1966 and administered by the Australian Financial Security Authority. Options include debt agreements, personal insolvency agreements and bankruptcy, usually lasting three years.
Understand the next step
Explain the debts, assets, income and any enforcement already underway. Ask about the consequences and available options before treating bankruptcy as the only possible response.
Use AFSA’s information as a starting point and seek advice on the actual circumstances before making a decision.
When comparing Perth CBD firms, ask about the exact area of Western Australian practice relevant to your matter. For family work, the state’s separate Family Court makes it especially useful to choose a practitioner familiar with the applicable process.
For personal bankruptcy, ask which parts of the work the firm handles itself and whether it has relevant WA experience. Let the lawyer know if a property, employer, other party or existing proceeding is outside Perth CBD. Your home address alone does not determine the applicable process.
Explain the transaction, amount involved, parties and desired result. Provide the current agreement and relevant entity or trust details.
Ask which risks need legal, accounting, tax or technical advice. Identify essential terms and those you are willing to negotiate.
Agree who negotiates, approves documents and tracks continuing obligations. Clarify whether post-completion advice is included.
Request a defined scope or staged budget with assumptions about document review and negotiation rounds. Personal guarantees, tax and related disputes may need separate work.
Ask for a written scope identifying the work you are authorising, the person responsible and when costs will be reviewed. If you only want advice on one step, say so before the firm begins wider work.
Highlight signing dates, finance conditions and demands. Raise an inability to meet debts immediately so appropriate advice can be identified before further commitments.
Western Australia is the only state with its own family court: the Family Court of Western Australia hears parenting and property matters for both married and de facto couples. Other matters start in the Magistrates Court, with the District and Supreme Courts for serious cases, and the State Administrative Tribunal for planning, guardianship and many licensing reviews. Lawyers are admitted and regulated by the Legal Practice Board.
Good to know
Generally three years, though it can be extended in some circumstances.
Most matters start in the Magistrates Court. More serious cases go to the District Court or the Supreme Court of Western Australia. Family law matters are heard by the Family Court of Western Australia.
Practising certificates in Western Australia are managed by the Legal Practice Board of Western Australia. You can check a solicitor's status on its public register or by contacting it directly.
Directory guidance updated 19 September 2026. General information to help you prepare for a conversation with a professional; not advice about your individual matter. Check current requirements with the relevant authority.