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Sam 05. May - Unfair Preferences and the End of the Peak Indebtedness Rule

UNFAIR PREFERENCES AND THE END OF THE PEAK INDEBTEDNESS RULE

Newsletter

by James Shaw08.06.21

The rule applies during the relation-back period where there is preference payment, and where the creditor and debtor have a running balance account.
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HOW TO IMPROVE YOUR CREDIT SCORE AFTER BANKRUPTCY?

blog article

HOW TO IMPROVE YOUR CREDIT SCORE AFTER BANKRUPTCY?

by Jeff Shute02.06.21

Although it can initially feel overwhelming to be faced with bankruptcy, it’s not something you need to deal with for the rest of your life.
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Financial advisor

blog article

IS IT WORTH PAYING FOR A FINANCIAL ADVISOR?

by Scott Newton22.04.21

Financial advisors can be a pathway to escaping a debt crunch with solutions that provide the best outcomes for your specific situation. Getting out of debt is a lot more than ‘earn more, spend less'.
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DEBT

blog article

HOW DO I GET OUT OF DEBT WHEN I HAVE NO MONEY?

by Scott Newton20.04.21

It's unrealistic to expect that debt will never occur, and the difficulty to pay debt will never follow. In fact, we need to opt into a debt agreement of some description to populate our credit rating
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DIRECTOR RESIGNATIONS

blog article

DIRECTOR RESIGNATIONS: NEW LAWS APPLY FROM 18 FEBRUARY 2021

by Paul Gidley15.03.21

The reforms prohibit company directors from improperly backdating their resignation or leaving a company with no directors
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INSOLVENCY AND THE EFFICIENT USE OF SCARCE RESOURCES

blog article

INSOLVENCY AND THE EFFICIENT USE OF SCARCE RESOURCES

by Paul Gidley08.03.21

The reality is that insolvency law and its proper administration are fundamental to ensuring our economy has accountability, along with an efficient, reliable, competitive and transparent marketplace.
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WHAT HAPPENS TO MY COMPANY IF I CANNOT PAY FOR A LIQUIDATION?

blog article

WHAT HAPPENS TO MY COMPANY IF I CANNOT PAY FOR A LIQUIDATION?

by Shaw Gidley03.03.21

Even if a company has been deregistered, directors should consider seeking appropriate professional advice to identify any potential future personal exposure.
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WHAT SHOULDN'T I DO BEFORE FILING BANKRUPTCY?

blog article

WHAT SHOULDN'T I DO BEFORE FILING BANKRUPTCY?

by Paul Gidley17.02.21

Don’t get through bankruptcy alone. Applying can be a daunting experience, and you don’t want to accidentally do, or not do, something that will affect your application or cause you financial or legal
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marriageunsplash

blog article

CAN A MARRIED PERSON FILE FOR BANKRUPTCY ALONE? HOW DOES IT AFFECT MY SPOUSE?

by Paul Gidley27.01.21

Your spouse is not required to file for bankruptcy because you have, and their credit rating is not affected unless they are unable to pay debts in their name.
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financialunsplash

blog article

WHAT DO FINANCIAL ADVISORS DO, AND WHY DO YOU NEED ONE?

by Shaw Gidley25.01.21

A financial advisor will be able to help you navigate to realistic, achievable financial goals in the most efficient and effective ways possible.
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Blog recoveryplan-unsplash

blog article

WHAT IS A BUSINESS RECOVERY PLAN?

by Jeff Shute15.01.21

There are some key components to a successful Business Recovery Plan that should be included to ensure your business can face adversity and uncertain turns of events with confidence.
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Blog BankruptcyEnds-unsplash

blog article

WHAT HAPPENS AFTER BANKRUPTCY ENDS?

by Jeff Shute15.01.21

Use your bankruptcy experience to make smart credit choices for your future.
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CORPORATE RECOVERY & RECONSTRUCTION IN AUSTRALIA - WHAT'S MISSING?

blog article

CORPORATE RECOVERY & RECONSTRUCTION IN AUSTRALIA - WHAT'S MISSING?

by Paul Gidley16.12.20

The new insolvency reforms and legislative amendments are to be found in Part 5.3B of the Corporations Act, aptly named “Restructuring of a Company”.
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