We are commonly asked to assist people involved in a business that has failed. Often one of the impacts of the business’ failure is that a bank loan to the business has not been paid. This loan is also often guaranteed by the person running the business but also by his or her partner, with the loa...
How does someone enter into a personal guarantee, and what are the consequences? ...
Article by Mark Davidson Ever wondered what would happen to your property in bankruptcy and if it was possible to keep it? It depends on number of factors, however the key thing to understand is that your interest in a property upon becoming bankrupt vests in your trustee, on behal...
Just because your company is placed into liquidation doesn’t mean you’ll be banned as a director. Learn when ASIC director banning applies & how to avoid it…...
Considering bankruptcy? Could your retirement funds be at risk? Find out what happens to your superannuation in bankruptcy… it’s not simply black & white....
Got a self-managed super fund and facing bankruptcy? Find out what your risks and options are so that you make the right decision for your future…...
Is your property worth less than the mortgage? There are three basic steps you need to save you from the path to bankruptcy. Find out what you need to do here…...
Do you have unmanageable personal debt? There may be options other than bankruptcy. Before you decide what to do, understand the options explained here…...
The Bankruptcy Amendments Bill proposes reducing the period of bankruptcy to one year from three. What could this mean for struggling or bankrupt businesses?...
If you’re in financial difficulties, seek help quickly. Bankruptcy may be an option: here’s the starting place for the bankruptcy advice you need to decide…...
Don’t believe everything you hear about bankruptcy! Whether it's right for you depends on your circumstances. Here are 8 common bankruptcy myths exposed…...
Are you considering liquidation of your company? If so, don’t fall for these 7 common liquidation myths… go with the facts rather than unfounded fears!...
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