Insolvency

Our solicitors are very experienced in the area of insolvency and are able to assist both creditors and debtors with the following:

  • Issuing Creditor’s Statutory Demand for Payment of a Debt
  • Responding to a Creditor’s Statutory Demand for Payment of Debt
  • Making an application to wind-up a company
  • Defending an application to wind-up a company
  • Issuing bankruptcy proceedings against an individual
  • Providing advice and representation to individuals that are subject to bankruptcy proceedings
  • Providing advice to corporate clients on the effects of insolvency

We also provide advice and general representation for insolvency practitioners and are able to assist practitioners in the carrying out of their functions under both the Corporations Act and Bankruptcy Act  including making claims with respect to:

  • Unreasonable director related transactions under the Corporations Act
  • Uncommercial transactions
  • Unfair preferencess
  • Insolvent trading by directors of companies under the Corporations Act

We can also advise and assist you with alternatives to insolvency including advising on Personal Insolvency Agreements (PIA) under the Bankruptcy Act and Deeds of Company Arrangement under the Corporations Act.