Review of Debt Agreements under the Bankruptcy Act 1966
28 April 2010
Mr David Bergman
Assistant Secretary
Bankruptcy Policy Branch
Attorney-General’s Department 3-5 National Circuit ...
Welcome to DAPA
Debt Agreement Practitioners Association
The Debt Agreement Practitioners Association (DAPA) is the professional body which represents Debt Agreement Administrators in a rapidly growing and crucial segment of the personal insolvency regime. One of the main aims of The Association is to introduce self regulation by members and it has adopted a Code of Professional Conduct. It also seeks to promote best practice of Registered Debt Agreement Administrators and to educate consumers generally on the benefits and advantages of proposing a Debt Agreement.
DAPA will offer guidance and assistance to its members to ensure compliance with the requirements of Bankruptcy Act Regulations and Debt Agreement Practice Statements issued by the Official Receiver at ITSA.
The Debt Agreement legislation which is contained with the Bankruptcy Act was fundamentally amended in July 2007. Government has indicated it will review the Debt Agreement legislation in 2010 and DAPA will seek to be an active stakeholder in the review process.
Amendments to the Bankruptcy Act, by introduction of the Bankruptcy Legislation Amendment (Debt Agreements) Act 2007 on 1 July 2007 fundamentally altered the manner in which Registered Debt Agreement administrators are required to undertake both their fiduciary and statutory duties and obligations. A fundamental role of DAPA is to support practitioners meet the high standards of practice now required. Indications are that Government will review insolvency legislation in 2010. DAPA will seek to be an active stakeholder in any review process.
Membership is open to Registered Debt Agreement Administrators, Brokers, Creditors and their employees. DAPA is non-for-profit Association. View members here.
Application for Membership here (hyper link membership form as a PDF document). Membership fees assist in maintaining this web site, settle statutory and regulatory charges and operate the Association. The Executive are not remunerated for their services.
View our Executive Directors here.
Membership enquiry should be directed to membership@dapa.org.au
Download Membership Form
Membership applications can be obtained here PDF | Word
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Upcoming Events
DAPA will hold its AGM in September 2010
DAPA will hold its AGM in September 2010 immediately preceding the ITSA development day for RDAAs. The date hasn’t as yet been set but members ...