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How to Start A Liquidation
No one wants to find themselves or their business at the point of insolvency, but it’s a reality for many individuals every year. Even a once successful business can find themselves on the brink ...
How Does Liquidation Affect A Director’s Assets?
When all else fails and a business finds themselves on the brink of insolvency, the director of a company may have no choice but to seek professional advice on completing a liquidation. Insolvency ...
PERSONAL LIABILITY FOR GST STARTS 1 APRIL
Like PAYG, non-payment of GST will attract personal liability for Directors under the Director Penalty Regime in 2 ways: Unavoidable liability Fail to lodge Business Activity Statements (BAS) and I...
Fly365: How Customers Can Get Their Money Back Following Collapse
In the wake of Australian online travel booking agency going into liquidation, there’s bad news for impacted travellers chasing thousands of missing dollars. By Vanessa Brown Speaking to news.com...
Will Liquidation Of My Company Cause Me Bankruptcy?
If you’re a company director in Australia, and you’re having financial difficulty in your business and your company’s affairs, you may be considering working with registered liquidators to li...
If My Company Goes Into Liquidation, Will I Lose My House?
If you are considering working with an insolvency practitioner and your company may go into liquidation, you might be wondering what’s going to happen to your personal assets. Do you have persona...
Top 10 Reasons People Choose Voluntary Liquidation
The thought of liquidating can be scary. The idea of losing everything you’ve worked so hard for is terrifying. You don’t know what to expect. You don’t know the process. You probably don’t...
Top 8 Beliefs About Liquidation That Are Wrong
There is no doubt, Liquidation and Corporate Insolvency can be complex, but in many cases, it is the best course of action. However, many directors facing tough times don’t seek or obtain advice ...
What is Voluntary Liquidation?
Under the Corporations Act, a company that is insolvent may be wound up in a number of ways. The most common types of liquidation are: A Court Liquidation Where an aggrieved creditor applies fo...
Can you be a Director after Company Liquidation
Yes – but there are rules in corporate insolvency and the ability to be a director in the future. The rules are explained below but for now, all directors need to understand the Court and ASIC ca...
