Bankruptcy Advice Centre - CORPORATE INSOLVENCY

CORPORATE INSOLVENCY - Overview

When a company has insufficient assets to meet its liabilities, the directors must decide what action to take to maximise the return to creditors whilst also avoiding the possibility of insolvent trading (which can make the directors personally liable for company debts they may not otherwise have been liable for).

Options available:

Liquidation
Administration Voluntary(‘VA’)
Arrangements Informal

If you would like to talk to someone about Voluntary Administration or a Company Liquidation please phone Ross Thomson on (08) 9227 8353 or 1800 738 353.
Email mail@bankruptcyadvice.com.au

Due to the complexities in administering Corporate Insolvency matters, we may not be able to deal with matters outside of Western Australia. However please phone to discuss this first.


	CORPORATE INSOLVENCY - Overview When a company has insufficient assets to meet its liabilities, the directors must decide what action to take to maximise the return to creditors whilst also avoiding the possibility of insolvent trading (which can make the directors personally liable for company debts they may not otherwise have been liable for). Options available: Liquidation Administration Voluntary(‘VA’) Arrangements Informal If you would like to talk to someone about Voluntary Administration or a Company Liquidation please phone Ross Thomson on (08) 9227 8353 or 1800 738 353. Email mail@bankruptcyadvice.com.au Due to the complexities in administering Corporate Insolvency matters, we may not be able to deal with matters outside of Western Australia. However please phone to discuss this first.