A bankruptcy trustee can give you the right advice, and whether bankruptcy in view of other options-like a debt agreement-is the right solution for your circumstances. The last thing you'd want is to add extra stress or obligations on yourself, when bankruptcy may actually gives you the fresh start you need.
Remember, bankruptcy is designed to give relief-not to punish. If your company is struggling with business debt-you have options that give you a fresh start. Worrells can give you the right advice which may include, an informal arrangement with creditors, liquidation or even a Deed of Company Arrangement.
Remember, bankruptcy is designed to give relief-not to punish. If your company is struggling with business debt-you have options that give you a fresh start. Worrells can give you the right advice which may include, an informal arrangement with creditors, liquidation or even a Deed of Company Arrangement.
Services
Worrells is a firm dedicated to solvency management, insolvency administration and forensic investigation. Our proprietary technology is unrivalled in our profession. With our twice daily online updates, we provide relevant and comprehensive information in real time on current files. We also provide a wealth of general information and current news impacting on insolvency and fraud issues.
Worrells is a firm dedicated to solvency management, insolvency administration and forensic investigation. Our proprietary technology is unrivalled in our profession. With our twice daily online updates, we provide relevant and comprehensive information in real time on current files. We also provide a wealth of general information and current news impacting on insolvency and fraud issues.
What is bankruptcy? Bankruptcy is a legal process where a bankruptcy trustee is appointed to administer an insolvent person's affairs, in order to provide for a fair distribution of that person's divisible assets to their creditors. Bankruptcy is a legitimate and just way for a debtor to resolve their debt problems, and it is one way for creditors to take action against someone for their unpaid debts.
Facing financial distress is a crushing experience that creates hardship on a personal level. It's not easy. Be aware and proactive about your mental health, so you can get out the other side of these challenges. Chat to your doctor or reach out to Beyond Blue or Lifeline if you are in urgent need of help.
We are experts in all aspects of corporate and personal insolvency and accept appointments to all forms of unsecured and secured administrations. As well our forensic partners can assist with valuations, investigations and dispute resolution. Stay connected with Worrells with our breakfast seminar series, monthly Worrells - On The Pulse newsletter, annual Guides to Insolvency.
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