Can you be a sole trader while bankrupt?
Sole traders: Are you in financial difficulty and considering bankruptcy? There are ways you can remain a sole trader while bankrupt. They're explained here....
PAST ARTICLES
Reduce the risk of losing your home in bankruptcy: Steps to save your home
If you are in financial difficulty, you face the risk of losing your house in bankruptcy. Take these steps before or during bankruptcy to lower your risks....
Building Company Directors: Are you liable for QBCC Home Warranty insurance costs?
Are you across the QBCC home warranty insurance scheme? Could you be at risk of personal liability for unfinished or defective work? Find out here…...
How to prevent construction project failure becoming a financial disaster
The Queensland building and construction industry has had a particularly difficult time in the last 12 months....
QBCC Deed of Covenant and Assurance: What are the risks to directors?
It may be a mandatory requirement for you as a director to execute a QBCC Deed of Covenant & Assurance. But first be aware of the potential risks…...
Building company liquidation: Will you lose your building licence?
When a Queensland-based building company is placed in external administration (such as liquidation or voluntary administration), the company’s Queensland Building and Construction Commission (QBCC) licence is generally cancelled immediately. But with a building company liquidation, w...
Safe harbour reforms: How can they protect you from insolvent trading?
Is the fear of insolvent trading a concern for you as a company director? If so, the new safe harbour reforms may help you sleep easier at night. In order to prepare you for these reforms, which have recently come into effect, we cover the essentials of what safe harbour protection will mean… ...
Creditors – New laws for replacing a liquidator explained
Liquidators have a duty to act independently and in the best interests of the creditors of a company. However, creditors and liquidators may see things differently at times. But do creditors have the power to remove a liquidator, if they feel it’s warranted? If so, what is the process for removing a liquidator and getting another one appointed?...
How to avoid Director Penalty Notice Liability
Learn how to avoid Director Penalty Notice liability - and take the steps to avoid the many problems associated with these unwanted letters from the ATO…...
Received a Director Penalty Notice? Here’s what can happen
Have you received a Director Penalty Notice from the ATO? Here’s what it could mean, what could happen, and what you should do about it…...
Nine early warning signs of insolvency
Discover the nine early warning signs of insolvency & find out if your business’s financial problems require professional insolvency advice....
Deep in bank debt? Why bankruptcy isn’t always the answer
If you owe a large debt to the bank and are considering bankruptcy, you may be able to avoid bankruptcy thanks to alternative settlements ...
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