Insolvency
When cash flow tightens, creditor pressure rises, or ATO debt starts to snowball, the right advice early can protect options, reduce risk, and help you regain control.
We support individuals and businesses with pre-insolvency planning and formal insolvency guidance, with a focus on outcomes and compliance.
Pre-insolvency
Act early to preserve options and protect value
Pre-insolvency support is for businesses under strain that are not yet at the point of formal insolvency. Early intervention can expand your choices, reduce disruption, and help protect assets, jobs, and business value.
Common warning signs
- You’re struggling to pay bills on time
- Debt and liabilities are increasing
- Ongoing cash flow pressure or missed payments
- Creditor demands, defaults, or legal notices
- Difficulty accessing further credit
Pre-insolvency pathways we can help you assess
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Restructuring and turnaround planning
Diagnose the drivers of distress, stabilise cash flow, and build a practical plan to improve viability. -
Creditor and ATO negotiation
Help you engage with creditors early, negotiate terms, and reduce escalation risk. -
Asset and risk protection
Identify exposure points and obligations, then put sensible protections in place. -
Pre-pack and company arrangement strategies (where appropriate)
Explore compliant approaches to restructure debt and preserve enterprise value before formal appointments. -
Voluntary administration readiness
If a formal pathway is likely, we help you prepare and understand what administration may involve.
If ATO debt is involved, timing matters. The earlier you move, the more room you have to negotiate and plan.
Insolvency
Guidance through the insolvency process, from first steps to resolution
Insolvency is when a business can’t meet its financial obligations as they fall due. The insolvency framework exists to manage affairs fairly, deal with creditor claims, and determine whether recovery is possible or an orderly wind-down is required.
We provide both informal advice and support through formal processes, helping you understand obligations, consequences, and the most suitable path forward.
Common insolvency procedures
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Liquidation
An orderly wind-up where assets are realised to repay creditors. -
Voluntary administration
A formal process designed to explore restructuring options and potentially continue trading. -
Bankruptcy (individuals)
A process that applies to individuals (and some small business circumstances), with specific legal implications and reporting requirements.
How insolvency advice helps
- Clarifies your true position and obligations
- Builds a realistic plan and timeline
- Supports negotiations with creditors where possible
- Helps assess funding or alternative finance options where appropriate
- Reduces stress by giving you a structured pathway and a clear next step
Can corporate insolvency be avoided?
Sometimes, yes, especially with early action. Risk can often be reduced by:
- Keeping accurate records and actively monitoring cash flow
- Restructuring or renegotiating debt before it becomes unmanageable
- Cutting non-essential costs quickly
- Diversifying revenue streams to reduce reliance on one channel
Not sure where you sit?
If you’re concerned about your financial position, it’s worth getting advice early so you can understand your options and avoid unnecessary escalation.