Australian Debt Solvers works with clients across Brisbane. Our Queensland headquarters is located in the heart of Brisbane, with other offices located throughout Australia. You can contact us directly via our website, call us on 1300 789 499 for a free consultation, or visit us in person at Level 10, 120 Edward St, Brisbane CBD.
Voluntary administration is a common scenario that can arise due to a range of financial difficulties. Voluntary administration enables a company to stay in business while being placed in the hands of an independent person. Whether you're a sole trader or a large company, this process requires expert advice and considered management.
Unlike liquidation, voluntary administration offers you a chance to start fresh and create new business opportunities. If you're struggling financially, we can help to assess your current situation, compare your options, and come up with the best plan of attack for the future. At Australian Debt Solvers, we're on your side through thick and thin.
Voluntary administration is likely to affect a number of invested parties, including business owners, employees, and creditors. In order to find the best solution for everyone, expert consultation is required.
At Australian Debt Solvers, we offer a free consultation service to help you through the voluntary administration process. From managing your debts through to structuring your new administration, we work with you to create effective solutions based on Australian standards and law. Please contact our team for a free consultation today.
At Australian Debt Solvers, we take nothing for granted. We combine expert knowledge with industry experience to give you the help you deserve. We have helped countless people to overcome their financial challenges, with clients located across Brisbane and throughout Australia. If you need financial advice and practical solutions during a difficult time, please watch our video to see how we can help.
Our voluntary administration services are designed to resolve issues quickly so you can find clarity and stay in operation. Outstanding financial, legal, and administration issues need to be dealt with fast to avoid future problems. We offer clear advice to help you transition towards independent administration. We cover the following scenarios: company directors who suspect insolvency, secured creditors with a security interest, pressure from multiple creditors, pressure from banks or lenders, disputes between directors and shareholders, significant legal action.
Voluntary administration can succeed or fail based on the extent of the problem, the speed of intervention, and the skills of the new administrator. Expert advice is critical from the outset to help you make the right decisions. In a typical case, voluntary administration will last 25-30 business days. During this period, help is needed to manage your internal problems and enter into new financial agreements with creditors. After this period, you can either move forward with a Deed of a Company Arrangement or be placed into liquidation.
Australian Debt Solvers offers expert financial advice about all aspects of voluntary administration in Australia. If you would like to learn more about this process, please review our Research Centre. The ADS Research Centre merges industry insights with expert guidance and practical tips to help you move forward with clarity.
When your business is struggling, it’s best to seek financial advice to understand the options available. One option is to go into administration to assess the company’s viability, and possibly turn its fortunes around.Read more
For companies facing the prospect of insolvency, voluntary administration is like hitting the pause button for some breathing room. It lets you bring in external experts who can make recommendations as to the best future course of action for the company.Read more
One of the most common areas of misunderstanding is the difference between liquidation and administration. These terms represent two very different things, but for a company that won’t be able to return from the brink due to financial stress, it will be important to consider which path to go down.Read more
At Australian Debt solvers we take feedback seriously and pride ourselves on providing the best customer services possible
Rated 5 out of 5