PAST ARTICLES

How to avoid bankruptcy: Your options explained – Part 1 & Part 2

How to avoid bankruptcy: Your options explained – Part 1 & Part 2

If you are unable to pay all your debts, avoiding bankruptcy could still be a possibility. These are your options for negotiating with your creditors and avoiding becoming bankrupt. ...

5 ways to stop the ATO sending a Garnishee Notice to your boss

5 ways to stop the ATO sending a Garnishee Notice to your boss

If the ATO sends a garnishee notice to your employer, it can take a percentage of your wage—even if you're bankrupt. Here's how to stop it from happening....

5 ways to help clients whose business tax debts have been made public

5 ways to help clients whose business tax debts have been made public

When a small business is having cash flow problems, the owner may stop making payments to the Australian Taxation Office (ATO) so they can pay the other creditors within their required terms By paying the other creditors first, the business can keep trading as normal, and then once the situation imp...

When builders go broke: 25 steps to survival for subcontractors

When builders go broke: 25 steps to survival for subcontractors

When a builder becomes insolvent, subcontractors often find it hard to get their invoices paid. Here are 25 steps they can take to get what they're owed....

Problems involved in building company liquidations

Problems involved in building company liquidations

Building company liquidations start a chain reaction of legal and financial consequences. Here's how the different parties are affected....

Avoid liquidation: 4 alternatives for insolvent companies

Avoid liquidation: 4 alternatives for insolvent companies

Is your company facing insolvency? Before you appoint a Liquidator or Voluntary Administrator, why not check out these four alternative options?...

Phoenix for insolvent companies: It must be legal

Phoenix for insolvent companies: It must be legal

Transferring assets from an insolvent company to a new one can be legal. Here's how to avoid the risk of illegal phoenix activity....

Why lease guarantees can be a company director’s worst nightmare in a liquidation

Why lease guarantees can be a company director’s worst nightmare in a liquidation

Are you the director of a company facing liquidation? Here's some of the risks associated with the company’s lease guarantees and how to minimise these risks to try to avoid bankruptcy....

Risks Associated with Director Loans to Insolvent Companies, Including Bankruptcy

Risks Associated with Director Loans to Insolvent Companies, Including Bankruptcy

Are any of your clients directors of a company in financial trouble? If so, here are four ways they can avoid risks, including bankruptcy, from any director loans they owe....

Payments to the ATO: How to get the priority changed

Payments to the ATO: How to get the priority changed

The way the ATO applies payments it receives can make a big difference. Here's how to get the order changed to help your clients’ businesses....

Let’s make a deal: How to negotiate complex payment arrangements with the ATO

Let’s make a deal: How to negotiate complex payment arrangements with the ATO

Have you got clients facing liquidation by the ATO? Having trouble negotiating a payment arrangement? Here are some tips on how to do it (and how we can help)....

When are you personally responsible for your company’s debt?

When are you personally responsible for your company’s debt?

Being the director of a company carries numerous potential liabilities – we look at a few of the situations where you must also take on the business' debt....

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