The Profession
The Debt Agreement Administrators profession is a crucial segment of the personal insolvency regime. Debt Agreements are returning significant dividends to creditors and have been shown to impact on creditors yields to a far greater extent than any other insolvency regime.
It is crucial that all Debt Agreement Administrators conduct their practices in a professional and ethical manner, be cognizant of their fiduciary and statutory obligations both to protect the interests of all stakeholders and to uphold the integrity of the personal insolvency regime. To assist members understand their obligations, DAPA has issued a Code of Professional Conduct. All DAPA members agree to be bound by the code.
Latest News
Members were informed by email of the discussions held at the Bankruptcy Reform Consultative Forum on 12 December 2012. Members are reminded to submit their ...
We were advised by a member that ITSA had indicated that it would no longer advise administrators when the Official Receiver rejected a proposal and ...
We would like to welcome the following new Corporate Members joined in January 2012:
Aggs Robson
RSM Bird Cameron
DAPA will broaden its membership by inviting credit professionals, accountants and solicitors to join the Association at Associate level.
Personal Associate Membership will be granted with ...
Fellow Professional,
As you are no doubt aware we recently had a change of Executive Committee at DAPA. Namely:
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Since the reform of the Bankruptcy Act in 2007 a substantial set of changes have taken hold of consumer debt and personal Insolvency. There has been amalgamation and consolidation because of the Global Financial Crisis, pressuring corporations, banks and financial institutions to change their structures and business models.