A new chapter
Bankruptcy provides you with the opportunity to have a fresh start on your new chapter.
Eliminate the hills of uncertainty
Our in-house registered Trustee provides you with certainty and clarity on the process of your new journey
Guidance from beginning to end
Our people are with you every step of the way on your path to financial freedom.
What is Bankruptcy?
Bankruptcy is a legal process outlined in the Bankruptcy Act 1966 that provides you the opportunity to start fresh when dealing with unmanageable debt. Declaring bankruptcy means you are released from all liabilities as your trustee will begin to manage your financial affairs. Your trustee will communicate with your creditors as they begin to sell and pay off your debts. The bankruptcy process lasts three years from the statement of affairs.
Declaring bankruptcy sounds daunting but it doesn’t need to be. In Australia, over 17,000 people enter bankruptcy on average each year. Understanding the facts surrounding bankruptcy and breaking the common misconceptions, bankruptcy can provide you with a clean slate.

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Bankruptcy FAQs
Understanding the Difference Between Liquidation and Bankruptcy

Understanding the Difference Between Liquidation and Bankruptcy
Bankruptcy and liquidation are often confused and used interchangeably, but these two terms are actually very different. While both could involve insolvency – the inability to meet debt obligations – …

How to Avoid Company Bankruptcy or Liquidation
Sometimes, a company bankruptcy or liquidation is simply inevitable. Perhaps the company had a product that exploded in popularity, only to prove to be a fad, and it struggled to …
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Speak to one of our experts now for a free consultation.
Enter your details below or call 1300 750 599.
Get in touch
Enter your details below or call 1300 750 599.