esico-icon2
Price: $28
esico-icon3
Results: returned instantly

A Bankruptcy Check with ProbityPeople will uncover an individual’s publicly available bankruptcy history and personal insolvency information. It is recommended to complete a bankruptcy check on individuals within the financial services or insurance industries, or applicants who will have access to company financial controls or employed in a position of trust, to assist in making informed decisions before hiring or engaging in business activity with them.

Why should you conduct a Bankruptcy Check?

A Bankruptcy Check should be conducted for the following reasons:

  • Verify an applicant’s identification and information provided on their resume
  • Identify any potential financial risks to protect against internal fraud and theft
  • Protect the integrity of your company and staff
  • Assess an applicant’s ability to handle financial responsibility

Bankruptcy does not stop an individual from working. However, there are some restrictions to be aware of, such as:

  • Some professional or licencing bodies may impose restrictions in some trades or professions
  • There may be limitations to operating as a sole trader
  • The individual cannot manage a trust account e.g., as a solicitor or accountant
  • The individual may not be able to hold certain public positions (e.g., senator or member of parliament)
  • The individual cannot be a director of a company or manage a company without express permission of the court

What data is collected?​​​​

In order to process a Bankruptcy Check, the applicant is required to provide the following documentation and information:

  • One of the following identity documents:
    - Australian Driver Licence
    - Australian or International Passport
    - Australian Medicare Card
  • Personal contact information
  • Two most recent residential addresses

How long does a Bankruptcy Check take?​​

Results are returned instantly.

What data is shown on a Bankruptcy Check?​​

A Bankruptcy Check with ProbityPeople will uncover an individual’s publicly available bankruptcy history and personal insolvency information. It may reveal the following:

  • Disclose whether an individual has personally filed for bankruptcy or been declared bankrupt
  • Grounds of bankruptcy and date of discharge
  • Petition type and objections
  • Type of administration or proceeding under the Bankruptcy Act
  • Start dates refer to the beginning of an administration or proceeding
  • Date an administration or proceeding has been discharged, terminated or ended
  • The reason an administration or proceeding has been discharged, terminated or ended
  • Summary of findings

Need a Bankruptcy Check?

Other Financial Checks

Learn more about our range of
employment screening checks

Probity People