Administration Resource Centre

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

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If you are under constant pressure from creditors for failing to pay debts on time, professional advice could save you from going into liquidation. In many circumstances, voluntary administration is a solution that could provide breathing space for a company and an opportunity to pay off any outstanding debts. Acting early and employing the assistance of experts such as Australian Debt Solves provides the best prospects of reducing debt and turning things around. Our team of administrators registered by ASIC and ARITA Members have saved businesses across Australia. Read about how we have saved organisations in the past and how easy it is to get expert advice. Expert advice can ensure that you keep trading and help build a brighter, more profitable future.

Don’t Wait Until The 11th Hour In Wind-Up Proceedings

If your company is unable to make debt repayments or owes the Australian Tax Office (ATO) tax debt, the ATO and your creditors can issue a statutory demand.

A Guide to Administration

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.

How to Save a Company: Appoint an Administrator, Not a Liquidator

It can be a scary time when a business hits critical financial difficulty and needs to seek professional assistance. Adding to the stress is the legal ‘jargonese’ that starts being thrown your way as you start talking to professionals about next steps for the business.