Personal Insolvency & Restructuring

Get in control of your personal finances and protect your family’s assets with guidance and support from our experienced Insolvency Lawyers.

Bankruptcy and personal insolvency often cause people huge amount of stress, but it doesn’t have to be that way.

We understand that when questions about personal insolvency or debt enforcement arise, time is usually of the essence.

If you are being chased by creditors that you simply cannot afford to pay, negotiations with creditors breakdown, or if you have been served with a Bankruptcy Notice or Creditor’s Petition for Bankruptcy, it is important to seek advice without delay.

If you need an answer fast, contact us today.

How We Help

Our Personal Insolvency Lawyers have extensive experience advising and assisting individuals and their families in relation to personal insolvency issues and asset protection strategies.

We help you and your family overcome the stress of your financial pressure and understand and manage the implications of personal insolvency.

We will assess your circumstances and help you to develop a strategy for dealing with Creditors and avoiding Bankruptcy, where possible. Where demands are being made, or Court proceedings have been commenced against you, we can liaise with your Creditors and endeavour to negotiate favourable outcomes for all concerned.

Where your personal financial circumstances are dire or your Creditors are uncompromising, we can advise you in relation to your options under the Bankruptcy Act including available alternatives to Bankruptcy such as Debt Agreements and Personal Insolvency Agreements.

Investigating the Real Reason for Insolvency

This is an important question, the answer to which must always be carefully considered.

Often the real reason for insolvency is because a person received poor or negligent advice about a business transaction or investment or, was misled into signing an agreement or guarantee.

If this is the case, we can assess whether you have an available defence to a creditor’s claim, or a claim against a third party that may lead to compensation to enable you to avoid Bankruptcy.

Strategic Advice

Often when a business or investment fails, several creditors of the business will each seek to enforce personal guarantees and charges given by the directors of the business as guarantors. The sudden receipt of demands from a number of different creditors can be overwhelming.

We can assist you to develop a strategy for dealing with creditors and avoiding bankruptcy, where possible. We do this by fully assessing your circumstances, including the enforceability of personal guarantees and securities and the basis of any legal proceedings commenced (or threatened), and negotiating with creditors on your behalf.

Bankruptcy & Personal Insolvency

Bankruptcy and personal insolvency often cause people huge amount of stress, but it doesn’t have to be this way. If you are being chased by creditors that you simply cannot afford to pay, negotiations with creditors breakdown, or if you have been served with a Bankruptcy Notice or Creditors Petition it’s important to seek advice without delay.

Where your personal financial circumstances are dire or your creditors are uncompromising, we can advise you in relation to your options under the Bankruptcy Act including available alternatives to Bankruptcy such as a Temporary Debt Protection, Debt Agreements and Personal Insolvency Agreements.

Bankruptcy Notices & Creditor’s Petitions for Bankruptcy

Most Creditor’s Petitions for Bankruptcy are made in reliance upon a person’s failure to comply with a Bankruptcy Notice within 21 days.

If you have received a Bankruptcy Notice and wish to avoid Bankruptcy do not delay – call now and speak to one of our experienced Insolvency Lawyers.

Our Personal Insolvency Lawyers