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AFSA

Definition of 'AFSA'

AFSA stands for Australian Financial Security Association, which provides insolvency information and details such as bankruptcy records to the Credit Reference Agencies. This is then compiled and put into Credit Reports.

AFSA reports to the Attorney-General, is part of the government machinery, and is responsible for the administration and regulation of the personal insolvency system, deals with the proceeds of crime, provides trustee services and administers the Personal Property Securities Register (PPSR).

The roles fulfilled by AFSA include the Inspector-General in Bankruptcy, the Official Receiver and the Official Trustee in Bankruptcy. AFSA also takes a role in the proceeds of crime and special administrations, and also in the regulation and enforcement of the personal insolvency industry.

Operationally, it splits itself into four main business areas. These are Insolvency and Trustee Services, Regulation and Enforcement, Chief Operating Officer Group and Legal and Governance.

AFSA provides general information to consumers but does not offer legal advice, legal interpretations or opinions.

Visit AFSA's website

Use the links below to locate the term you are looking for. If you can't locate it, please get in touch.

Credit Jargon Starting 'G'

Credit Jargon Starting 'I'

Credit Jargon Starting 'J'

Credit Jargon Starting 'L'

Credit Jargon Starting 'M'

Credit Jargon Starting 'S'

Credit Jargon Starting 'T'

Credit Jargon Starting 'V'

Credit Jargon Starting 'W'

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