Bankruptcy is a common consequence for directors after a business fails. It is also a debt relief available to individuals who cannot meet their financial commitments. Our bankruptcy lawyers understand there are many ways that can lead a person to becoming bankrupt and can advise you as to how this will impact you.

We can advise those that are considering bankruptcy on the following:

• Pre-bankruptcy advice
• Disputes with Bankruptcy Trustee
• Advice on corresponding and liaising with the Trustee
• Annulment of Bankruptcy
• Extension of Bankruptcy

Considering bankruptcy?

If you are considering bankruptcy you may need some advice as to whether it is the best option for you or not. Bankruptcy does not extinguish all debts and may not be necessary in some instances. Debt restructuring or renegotiation may be an option.

If bankruptcy is inevitable, you may also need assistance with completing the bankruptcy forms and advice on what you must declare. Further to this you may need advice on what to expect and how it may impact your or other financially.

During Bankruptcy

During bankruptcy you have a responsibility to liaise with the appointed bankruptcy trustee and submit yearly financial records. Where there are disputes and complex property pools disputes with the Trustee may occur. It is often the case when they are seeking to sell up the assets and recover funds for the creditors.

Our bankruptcy solicitors can assist you with advice and act for you in relation any issues that arise as a consequence of your bankruptcy.

Our lawyers are skilled and experienced in providing insolvency advice for businesses and individuals. Our team are professional and sensitive to the issues surrounding bankruptcy.

Contact one of our lawyers today if you need advice regarding bankruptcy on 1300 907 335 or complete an online enquiry form and we will be in contact with you promptly.