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We understand the difficulties that all stakeholders encounter when facing financial difficulties. We can assist in providing a range of services and advise that provides the best outcome to all parties.

We take the time to understand the differing set of circumstances and provide a tailored solution which provides the best outcomes.

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Creditors Voluntary Liquidation

A creditors voluntary liquidation is the process where the directors and shareholders resolve that that company is insolvent and appoint a registered liquidator to conduct any orderly winding up of its affairs.

Court Liquidation

A court liquidation is when a creditor is pursuing a company for an outstanding debt and applies to the court to appoint a registered liquidation to conduct the winding up of the company. The court will then appoint a liquidator

Members Voluntary Liquidation

A members voluntary liquidation involves the winding up of a solvent company for the benefit of its shareholders.

Simplified Liquidation

A simplified liquidation is a streamlined creditors voluntary liquidation process for winding up companies that satisfy various criteria, including having liabilities of less than $1 million and having all tax lodgements up to date.

Voluntary Administration

The voluntary administration process involves the appointment of an independent registered practitioner to review and report to creditors about the financial position of the company and the best options available to stakeholders. This process allows the company to continue in existence via the acceptance by creditors of a Deed of Company Arrangement (DOCA).

Receivership

Receivership is a type of appointment available to secured creditors, such as a bank or financier that has registered security over assets of the company. The secured creditor appoints a receiver to recover its debt by realising company assets. A receiver may also be appointed by the court under various disputes, generally shareholder disputes.

Small Business restructuring process

This process allows the company and its
director time to put forward a restructuring plan to creditors to discharge it debts in full or in part within a period not exceeding 3 years. There are certain criteria that the company must meet to be eligible for this process, including debts of less than $1 million and all tax lodgements must be up to date.

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Creditors Voluntary Liquidation

A creditors voluntary liquidation is the process where the directors and shareholders resolve that that company is insolvent and appoint a registered liquidator to conduct any orderly winding up of its affairs.

Simplified Liquidation

A simplified liquidation is a streamlined creditors voluntary liquidation process for winding up companies that satisfy various criteria, including having liabilities of less than $1 million and having all tax lodgements up to date.

Simplified Liquidation

A simplified liquidation is a streamlined creditors voluntary liquidation process for winding up companies that satisfy various criteria, including having liabilities of less than $1 million and having all tax lodgements up to date.

Voluntary Administration

The voluntary administration process involves the appointment of an independent registered practitioner to review and report to creditors about the financial position of the company and the best options available to stakeholders. This process allows the company to continue in existence via the acceptance by creditors of a Deed of Company Arrangement (DOCA).

Court Liquidation

A court liquidation is when a creditor is pursuing a company for an outstanding debt and applies to the court to appoint a registered liquidation to conduct the winding up of the company. The court will then appoint a liquidator

Members Voluntary Liquidation

A members voluntary liquidation involves the winding up of a solvent company for the benefit of its shareholders.

Receivership

Receivership is a type of appointment available to secured creditors, such as a bank or financier that has registered security over assets of the company. The secured creditor appoints a receiver to recover its debt by realising company assets. A receiver may also be appointed by the court under various disputes, generally shareholder disputes.

Small Business restructuring process

This process allows the company and its director time to put forward to restructuring plan to creditors to discharge it debts in full or in part within a period not exceeding 3 years. There are certain criteria that the company must meet to be eligible for this process, including debts of less than $1 million and all tax lodgements must be up to date.

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