What should you do if you provided a personal guarantee and your business is struggling? One of the things you can do is to negotiate a settlement.
The effects of bankruptcy are serious and generally can’t be cancelled if you change your mind. You should get advice before you go bankrupt including on what assets can be sold in bankruptcy and other effects of bankruptcy. We can help you consider your options, so give us a call to discuss your circumstances. In… Read more »
We were recently referred a client who was being pursued for a debt by Timbercorp Finance Pty Ltd (‘Timbercorp’). The debt totalled over $130,000 including interest, which was continuing to accrue.
If you become bankrupt, your bankruptcy trustee will be able to sell some of your assets. But there are various assets which are protected and which your trustee cannot sell. So, what assets can and can’t be sold?
Can’t pay your debts or facing bankruptcy? Don’t panic – avoid making these 6 big mistakes that can make debt stress worse for you and your business…
If you are facing bankruptcy or are bankrupt already, keeping your home is possibly your greatest concern. See how we have helped others in this situation!
We are aware of the pressures faced by individuals in financial distress. We can assist you in understanding the options available to deal with your debt.
Are you or your partner dealing with bankruptcy? Find out how keeping your home in bankruptcy is possible with professional help – just like this client did…