
"Phoenixing"; Don't try this at home!
This article on illegal phoenix activity looks at what elements are illegal and what the legal alternatives are. It also considers the risk

Australian Taxation Office (ATO) Payment Arrangements | Quick Note
The ATO has very good systems in place that allow and individual or business to simply enter into payment arrangements. However, if you hav

Property at Risk in Bankruptcy
Not all property will be taken if you become Bankrupt. This article considers which property will be protected and which will be divisible

Forms of Insolvency Appointments
There are many forms of insolvency appointments in Australia under the Corporations Act and the Bankruptcy Act. A summary each of the diffe

Insolvent Trading Risk
If guilty of insolvent trading, a director can be made personally liable for the debts incurred by the company for the period it traded whil

Bankruptcy Notice and Creditor's Petition
A Bankruptcy Notice can be issued to recover judgment debts. If ignored, it can result in the debtors being made a bankrupt by way of a cre

Managing Trade Debtors - Statutory Demands
Trade Debtors can be managed through the Statutory Demand Process. If you have been served with a statutory demand, it can have very serious