AFSA Warns of Dodgy Insolvency Advisors
The Australian Financial and Security Authority (AFSA) has warned the public of potential dodgy insolvency advisors targeting individuals who are...
PAST ARTICLES
How voluntary administration saved a Covid-19 impacted business
Voluntary administration can sometimes be the best option for a company in financial difficulty. Especially if a business has been severely impacted by Covid-19. ...
Possible Increase to Statutory Demand Threshold
Statutory demands can currently be issued by creditors who are owed a debt of at least $2,000 by a company. The Federal Government is considering increasing the threshold to $10,000....
When Is Liquidation The Best Option For Your Company?
Is liquidation necessarily bad? Should you avoid liquidation at all costs? Or can liquidation actually be the best thing for your company? This article looks at the key issues of company liquidation....
Bankruptcy threshold now $10,000
The Federal Government has announced the cessation of the temporary protections and fixed a new threshold at which a creditor can issue of bankruptcy notice at $10,000....
Ending Bankruptcy Early by a Section 73 Composition
Our Bankruptcy trustee experience can help you with a Section 73 Composition to assist with exiting a bankruptcy sooner. ...
How Much Can You Earn if You Are Bankrupt?
If you are wondering whether there is a limit as to how much you can if you are bankrupt, you have come to the right place. ...
How Does the Bankruptcy Process Work
There is often confusion about how the bankruptcy process works. When we meet with clients we provide details of the bankruptcy process and how it will impact them. This article also provides a brief overview. ...
Further Extension of Covid-19 Insolvency Relief From 1 January 2021
There are new requirements to access the temporary protections afforded to insolvent businesses and their directors due to Covid-19. We can discuss all the options with you. ...
Early warning signs of insolvency
Recognising and admitting that a business is in trouble is a first step to recovery. Identifying the signs of insolvency and acting early provides the business the best chance to turn around....
Proposed Small Business Restructuring Legislation Passes House of Representatives
The House of Representatives passed the Corporations Amendment (Corporate Insolvency Reforms) Bill 2020 on 8 December 2020....
Struggling with Mortgage Repayments? Here’s What You Can Do
At the start of the COVID-19 pandemic, financial institutions helped customers impacted by the pandemic in the form of mortgage repayment deferments. These are due to come to an end soon. ...
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