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

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|9 Comments