by Chad | Sep 16, 2016 | Accounting, ATO, Bankruptcy, Blog |
As you can imagine, the Australian Taxation Office (ATO) isn’t your typical creditor. Whenever they make a decision they take a lot more into account than just the commercial return they might get. However, the ATO is usually the largest creditor on an insolvent...
by Chad | Aug 18, 2016 | Blog |
In a previous blog post we explained what a trust is, and what happens when a trust with a corporate trustee can’t pay its debts. However, recent case law has highlighted gaps in the legislation that dictates how external administrators (such as Liquidators and...
by Chad | Aug 5, 2016 | Blog |
The Federal Government recently proposed numerous changes to Australia’s insolvency laws, which are expected to be introduced in 2017. The changes being proposed include: introducing Safe Harbour for Directors of companies facing insolvency restricting when Ipso Facto...
by Chad | Jul 21, 2016 | Blog, Video |
Would you let an unqualified doctor operate on you? Would you be happy for an unlicensed builder to be building your house? Then why would you risk using an unqualified insolvency expert or liquidator? There are faceless operators out there who’ll try to sell you a...
by Chad | Jun 17, 2016 | Bankruptcy, Blog |
Dealing with a deceased person’s estate is never an easy thing. But when the deceased is also insolvent it can make the situation particularly difficult. Fortunately, the Bankruptcy Act 1966 (“the Act”) caters for the administration of insolvent deceased estates....
