Corporate & Business Insolvency Resource Centre

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

Thanks to a large team of industry experts, we are able to provide a range of insolvency services including liquidation, administration, safe harbour, advisory, forensic accounting and receivership. In addition to a free consultation service, our team of experts have compiled research articles that can be used to improve you knowledge. They will assists you on your journey to a successful economic future.

Learn what Insolvency is and how to prevent insolvent trading

Your Guide to Understanding Insolvency

Insolvency is the term used to describe a business or individual who is unable to pay their debts when required. Find out more about insolvency here.

Your Complete Guide to a Director Penalty Notice

There are two different types of Director Penalty Notices that are issued by the ATO. They are the traditional 21-Day DPN and the Lockdown DPN. They should not be ignored as if a company fails to meet its tax commitments by the due date, company Directors may be held personally liable for the amounts payable.

What Are A Director's Duties When It Comes To Insolvency?

Company Directors have numerous duties and responsibilities. During insolvency and times of financial distress these expand further to include creditors. Learn more.

What is a Statutory Demand Process?

A statutory demand is a document that is issued by a creditor because of an outstanding debt. A company which has been served a statutory demand has 21 days to act before being deemed insolvent. Learn about the statutory demand process including its significance and consequences.

A Guide to Deregistering a Company

If your company is dormant or no longer trading you may be eligible for voluntary liquidation. Learn about the process of deregistering a company along with any implication and associated costs.

A Guide To Insolvent Trading

Insolvent trading is when a company or person is unable to meet financial commitments (pay debts on time) and continues to incur debt. This guide provides information on important aspects of insolvent trading including director duties, indicators of insolvency, legal implications, and the most appropriate courses of actions to take. Trading while insolvent is illegal and could result in Directors being held personally liable.