We have considerable experience in personal and corporate insolvency and we can provide you with timely and effective advice about the various options you have to address the question of outstanding debts.
We enjoy long established relationships with various insolvency professionals who are both based on the Gold Coast and in Brisbane.
It is very important that you understand your obligations and options as quickly as possible so that you may have the opportunity to take appropriate action while you still have time to do so. Complacency and procrastination can cause otherwise manageable financial difficulties and cash-flow issues to lead to insolvency.
One matter which is of paramount importance to companies, directors and members is whether a company is solvent (and is able to pay its debts as and when they fall due).
There are a number of options which are available to directors of companies in circumstances of questionable corporate solvency. We are able to provide specialist advice in relation to:
• Voluntary Administration
• Liquidation/Winding Up
• Directors’ Personal Guarantees
• Deeds of Company Arrangement
• Informal Arrangements with Creditors
