Australian Debt Solvers

28/07/2022

Our updated liquidation guide details every stage from the start to the finish of Liquidation and what you can expect if you’re considering taking this step. Explore what it can mean for your business as well as what benefits can come from the process.
Follow the link below to read more:

When a company goes into liquidation, the company is dissolved providing a new opportunities for those involved. Read Australian Debt Solvers' guide on liquidation.

09/05/2022

When you’re feeling the stress and confusion that can come with winding up your company, having an understanding on the process of Liquidation will help bring clarity to you in this time. Our registered Liquidator and Director, Thyge Trafford-Jones, has detailed all things Liquidation that you need to know & what to expect when taking this path. Follow the link below to read more:

The director will appoint a liquidator to wind up the company’s affairs. When a company goes into liquidation, the liquidation order of priority is shifted to the appointed liquidator.

29/03/2022

Dealing with unmanageable debt can be stressful and quite serious, which is why it’s important to be aware of your options first before taking the next steps. Learn about debt agreements and how they may be beneficial to your financial situation, https://australiandebtsolvers.com.au/bankruptcy/guides/what-is-a-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 decis...

18/11/2021

We take a closer look at when business bankruptcy might apply and when company liquidation is a more appropriate option.

https://australiandebtsolvers.com.au/bankruptcy/guides/what-is-the-difference-between-company-bankruptcy-and-business-liquidation

20/10/2021

Making correct decisions for your business has never been more crucial, with the recent pandemic affecting thousands of Aussie companies, it can be hard to know which actions to take when your debts are increasing.
We describe the difference between Bankruptcy & a Personal Debt Agreement and which path you can take relieve debt pressures.
https://australiandebtsolvers.com.au/bankruptcy/guides/the-difference-between-bankruptcy-and-a-personal-debt-agreement

14/10/2021

When you experience Financial Hardship, it can be difficult to see what steps to take & what options you have to turn everything around.

In this article we discuss the facts of Personal Insolvency, explore the alternative options to declaring Bankruptcy & give specifics on how you can rebuild your financial future today!

https://australiandebtsolvers.com.au/corporate-insolvency/guides/what-is-personal-insolvency

12/02/2019

As you can imagine, financially struggling businesses often have difficulty paying creditors, and receiving a business debt collection letter can be one of the first signs things are getting serious for your company.

If your business is receiving final-warning letters and letters of demand, what should you do?

In our latest article, we explain what business debt collection letters are, and offer suggestions on how to best respond to them. Read on...

How should you respond to business debt collection letters? Australian Debt Solvers lists the best ways to deal with them.

07/01/2019

What many people don’t know about being a franchisee is that – yes, there is an established brand and business model you are getting, but so much of your earnings will go back to the franchisor that even a successful franchise may not make much net profit at the end of the day.

And with the Australian economy where it is, more businesses than ever before are struggling with making a franchise business work.

We've broken down a few of the key issues that franchise owners today are facing, and you can read all about it in our article here -> https://bit.ly/2GUkicW

The idea of a food franchise business might have you seeing dollar signs. But take a closer look. The numerous media reports about wage fraud and staff underpayment have highlighted the risks and challenges of buying into a franchise businesses. Here, we look at the macro trends shaping the industry

07/11/2018

When you are dealing with business debts, your stress level may become hard to manage.

But what can you do about it?

We’ve put together some suggestions for how you can manage business debt to reduce your stress levels. You can read about them in our article 👉 https://bit.ly/2zy1dq1

Business debt stress can be overwhelming, but there are simple steps you can take to get this problem under control. Discover our debt stress management tips.

05/10/2018

VOLUNTARY ADMINISTRATION CASE STUDY

An 85% reduction in debt gets a company through a major trading and cash flow problem.

Australian Debt Solvers resolved 85% of over a $2M debt owed by a security company in Brisbane, Australia.
Today the security company is continuing to trade and – in fact – exceeding all expectations, so much so that the company’s management are now planning for future expansion.

Read about how we achieved this astounding result through Voluntary Administration in our case study.

An 85% reduction in debt gets company through a major trading and cash flow problem

03/10/2018

In a voluntary administration, who does the administrator represent? The company’s directors? Or the creditors?

As voluntary administrators, while we work with the creditors to ensure they are paid, we are there to protect the company’s directors from legal risks and to give your business a clear direction for the future.

In a voluntary administration, does a voluntary administrator represent the interests of the company’s directors or creditors? Read on to find out.