Corporate InsolvencyCorporate Insolvency

Corporate & Business Insolvency Resource Centre

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

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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.

two women reading a statutory demandtwo women reading a statutory demand

What is a Statutory Demand?

If your company has incurred outstanding debts, your creditors have the option to serve a statutory demand against you.

sorry we are closed door signsorry we are closed door sign

How to Close a Business When Insolvent

If your business is unable to repay its debts, it could be insolvent. Closing a business can be a complicated and emotional time, but insolvent trading laws means directors should understand their options and make a decision as soon as possible.

director penalty notice written by a judgedirector penalty notice written by a judge

What’s a Director Penalty Notice?

A Director Penalty Notice can be issued by the ATO against company directors in order to recover unpaid debts. If you’ve received a Director Penalty Notice, there are things you should know about your obligations and options.