Who should be an ARITA member?
Membership of ARITA is not required to practice in insolvency. Practitioners who take formal insolvency appointments include Registered Trustees in Bankruptcy, for personal and unincorporated business insolvencies, and Registered or Official Liquidators, for corporate insolvencies.
As at December 2013, 80% of all Registered Liquidators and 91% of all Bankruptcy Trustees in Australia were members of ARITA.
There are many professionals, para-professionals and managerial and administrative staff who also work in the insolvency sector.
Generally, credit managers and Part X Administrators are not ARITA members unless they are also Liquidators or Trustees in Bankruptcy.