Beware! Rise in dodgy insolvency providers ahead of surge in personal and corporate insolvencies

The personal insolvency regulator, the Australian Financial Security Authority (AFSA) has recently issued a warning around dodgy insolvency providers. It is anticipated that there will be a wave of business failures when the temporary insolvency relief measures come to an end at the end of this year. It is therefore a major concern of AFSA [...]

2020-11-25T23:22:37+00:00November 25th, 2020|Business Advice, Corporate Advisory|Comments Off on Beware! Rise in dodgy insolvency providers ahead of surge in personal and corporate insolvencies

Insolvency laws and how to handle debt recovery during the COVID-19 crisis when debtors are failing to pay

The Changes You may have heard that at the start of the COVID-19 crisis, the federal government placed a moratorium on insolvent trading laws in a bid to help eligible businesses manage the economic challenges of the coronavirus pandemic. The Morrison government has increased the threshold at which a creditor can issue a statutory demand [...]

2020-05-12T04:16:20+00:00May 4th, 2020|Business Advice, Corporate Advisory, Dispute Resolution|Comments Off on Insolvency laws and how to handle debt recovery during the COVID-19 crisis when debtors are failing to pay

Changes to Insolvency Laws Amid the COVID-19 Crisis

As many may have heard over the past 24 hours, the federal government will essentially be placing a moratorium on insolvent trading laws in a bid to help eligible businesses manage the economic challenges of the coronavirus pandemic. The Morrison government will increase the threshold at which a creditor can issue a statutory demand (for [...]

2020-05-12T04:19:42+00:00March 24th, 2020|Business Advice, Compliance, Corporate Advisory|Comments Off on Changes to Insolvency Laws Amid the COVID-19 Crisis