Due to the Covid-19 pandemic, a large number of people have debts they cannot pay. So, what are your options to solve your personal debt problems?
In this article we look at the options that are available to your company if it is unable to pay its debts at the end of the JobKeeper scheme.
The Australian Securities and Investments Commission and the Australian Financial Security Authority recently released the statistics for insolvency appointments across Australia.
It is clear that many people deferring loan repayments are not in a position to continue with mortgage repayments when the deferral period ends.
So, what can you do if you worry that you may not be able to continue with mortgage repayments?
The Federal Government’s commercial rent relief provides for much needed cash to sustain SME businesses through the current disruption and beyond. For some however, the businesses will not survive even with the minimum relief provided by the Code.