PAST ARTICLES

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....

How does the ATO force your business’ hand?

How does the ATO force your business’ hand?

The Australian Taxation Office handles a large number of debts, and chases up businesses in many ways. Here is what to look out for....

Pre-Insolvency Advisor Jailed

Pre-Insolvency Advisor Jailed

A Gold Coast pre insolvency advisor has been sentenced to eight months imprisonment, which is to be served by way of an intensive correction order. This follows an investigation and subsequent prosecution instigated by the ASIC. The investigation and prosecution resulted from the advisor arrangin...

ATO and ASIC Target Illegal Phoenix Activity

ATO and ASIC Target Illegal Phoenix Activity

In August 2016, the ATO and the ASIC conducted raids on 13 businesses and residences in Brisbane, the Gold Coast and Melbourne. The raids were targeted at one or more pre-insolvency advisors who the ASIC and the ATO suspected may have been involved in facilitating illegal phoenix activity. Illeg...

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