Offical Receiver v. Parker, E.A. [1987] FCA 134
The Court found the bankrupt's income exceeded her claimed expenses and determined she could contribute more than $100 per month, but less than the $700 sought, balancing her obligations with the risk of undue hardship and insufficient tax provision.
- Parties
- Bankrupt: Elizabeth Ann Parker; Applicant/trustee: Official Trustee in Bankruptcy
- Jurisdiction
- Australia
- Judgment Date
- 27 March 1987
- Procedural Posture
- Bankruptcy Application / Application for Contribution Order
- Outcome
- Order for contribution granted at reduced amount
- Legal Topics
- Contribution From Income, Assessment of Income and Expenditure, Provision for Income Tax
Case Brief
Summary, issues, holding and outcome
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Parties
Elizabeth Ann Parker
Bankrupt
Official Trustee in Bankruptcy
Applicant/trustee
Procedural Posture
Bankruptcy Application / Application for Contribution Order
Legal Issues
- 1 Whether the bankrupt should be ordered to contribute more income to the estate
- 2 Whether sufficient provision for future income tax is being made by the bankrupt
- 3 Whether the amount sought would cause undue hardship to the bankrupt
Ratio Decidendi
The Court found the bankrupt's income exceeded her claimed expenses and determined she could contribute more than $100 per month, but less than the $700 sought, balancing her obligations with the risk of undue hardship and insufficient tax provision.
Court Disposition
Order for contribution granted at reduced amount
Orders
- Pursuant to s.131(2) of the Bankruptcy Act 1966, until further order the sum of $350.00 per month be paid from the income of the bankrupt to the trustee of her estate, the first such payment being due 30th April 1987, with further payments on or before the last day of each month.
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