Liquidation | Cactus Consulting

Rules to stop directors from backdating resignations

04 Jul 2021

It has been a tactic for directors to backdate their resignation to avoid liabilities to a Liquidator, the ATO and creditors in general. But the Federal Government has brought in an Act to combat this.

How to Solve Your Company’s Debt Problems

30 Mar 2021

Numerous businesses have unmanageable debt and will have to make difficult decisions.

We at Cactus Consulting can advise you on the available options if your business is in financial difficulty and is finding it hard to keep up with costs and expenses.

Simplified Liquidation Regime – Frequently Asked Questions

15 Jan 2021

In this article, we answer some of the frequently asked questions relating to the Federal Government’s simplified liquidation process, including the cost of carrying out the liquidation.

avoid liquidation with ATO payment arrangement

Success Story: How a Growing Business Avoided Liquidation with an ATO Payment Arrangement

08 Oct 2020

Our success story tells of a client we helped negotiate an ATO Payment Arrangement for, in order for them to avoid liquidation.

Success Story: Debt settlement for a failed property developer

15 Apr 2020

Our client’s problem We were recently referred a property developer client who had two companies which were involved in a failed property development in northern New South Wales. The companies had limited assets and they owed several hundred thousand dollars to creditors.