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
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Caution Over Bankruptcy and Insolvency Law Changes

The federal government has launched reforms to bankruptcy and insolvency laws which are expected to be legislated mid-2017.  They have the potential to make it easier to bounce back from a business failure, including changing the default period for personal bankruptcies from three years to one year. Recognising that not all bankruptcies occur due to misfortune or innocent [...]

2017-06-26T15:55:18+00:00May 1st, 2017|Business Advice, Business Partnerships|Comments Off on Caution Over Bankruptcy and Insolvency Law Changes
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