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Insolvency


Is your Business under Threat of Insolvency?

..are You afraid to open 'windowed' letters?   

Tell tale signs of potential trouble brewing:

  • Can you pay your Creditors by the due date?
  • Have you asked your Bank Manager for an increase of Overdraft?
  • Does your financial future depend on this big contract about to be signed?
  • Do you owe money to the Tax department?
    • Have you paid last year's dues?
    • Are you behind with Group Tax and Superannuation payments?
    • Do you have trouble with Sales Tax remittance?

Any one of the above should be treated seriously NOW!

It may not be too late; a consultation in time may cost you some money, but not necessarily the future of your business. 

We will briefly assess your business and provide you with a basis on which to trade out. 

At times, Voluntary Administration (VA) may be the best solution.  This give you the chance to work in your business, while the Administrator concentrates on your business and turns the tide in your favour.

..and we do not foster a 'Slash and Burn' mentality if your case is really that serious.

We do understand the emotional aspects of bankruptcy and will deal as tactfully as possible with your situation. 

We provide guidance and support during such difficult times and we use the expertise of  professionals who know your industry or trade in detail, if and when needed.