Bankruptcy Resource Centre

Australian Debt Solvers provides regular updates and articles written by industry professionals in our resource centre

A lack of knowledge and limited understanding about bankruptcy are key reasons why it is commonly overlooked as a viable option. Not only do our team of professionals provide a personal service, they have also compiled a series of detailed articles on bankruptcy. They have used descriptive examples that outline when bankruptcy is a suitable option and how it can be utilised to alleviate financial hardship.

What is a debt agreement?

Our guide ‘What is a debt agreement?’ provides you with a comprehensive explanation covering all your questions and answers surrounding debt agreements.

Bankruptcy compared to a Personal Debt Agreement

The difference between Bankruptcy and a Personal Debt Agreement

There were 10,621 new personal insolvencies in 2020–21, which was down for the previous year. While there's no doubt Government pandemic financial assistance such as JobKeeper and other COVID packages have helped reduce the economic burden on people, many others will still face the difficult decision to look at personal insolvency options.

What is the Difference between Company Bankruptcy and Business Liquidation?

Many people think that bankruptcy and liquidation mean the same thing – you can’t pay your debts. This is not the case and bankruptcy is completely different to liquidation. Learn about the key differences and the best ways to prevent your business from becoming insolvent.

Debt Agreement as an alternative to declaring Bankruptcy

For many, the pandemic has placed a lot of pressure on them to meet their financial commitments, with some finding themselves staring down the barrel of bankruptcy and personal insolvency.

How to Bounce Back from Bankruptcy (Updated 2021)

Insolvency for businesses or individuals is never desirable, but bankruptcy and isn’t the end-all you might think it is. Bankruptcy can be the best way to start on a new path and rebuild your financial foundation.