Have You Been Served A Statement Of Claim?

How is Judgement enforced?
A judgment may be enforced in a number of ways:

• A Writ of Execution against property of the Company – the sheriff may seize property that will be sold to satisfy the debt
• A Writ for the delivery of goods – the sheriff may seize goods and return them to the creditor
• A Garnishee order served on your bank accounts – funds will be removed from your bank account to satisfy the debt to the creditor
• An Examination Order – you may be compelled to appear in Court and disclose the financial position of the company and yourself
• Bankruptcy – if the debt is more than $5,000, a creditor may apply to have you declared bankrupt
• Winding up in Liquidation – a creditor owed more than $2,000 may apply to have your company placed into liquidation

Out Story and Key Credentials

We are a specialist insolvency practice providing free 24 hour advice to company directors & individuals throughout all states & territories of australia.

Our highly experienced & trusted professionals are qualified, licensed & regulated by the asic.

Established in 2006, we were the original, low cost liquidation provider and have since helped thousands of directors and hundreds of companies in a wide array of industries.