Insolvency is the inability of an individual or corporation to pay their debts as and when they fall due. We use our expertise to minimise personal and corporate loss, ensure assets are returned to the marketplace and provide a process to 'close the book' on what can be crippling debt. Each month around 1,200 companies are declared insolvent across Australia, and a further 700 appoint an external Administrator.
If you suspect your company is in financial difficulty, get proper accounting and legal advice as early as possible. This will increase the likelihood of the company surviving. One of the most common reasons for the inability to save a company in financial distress is that professional advice was sought too late.
If you suspect your company is in financial difficulty, get proper accounting and legal advice as early as possible. This will increase the likelihood of the company surviving. One of the most common reasons for the inability to save a company in financial distress is that professional advice was sought too late.
Services
Meertens have developed an internet based creditor information system that allows ready access by creditors to documents via the internet. If you are a creditor in one of our matters you will be contacted by us to determine your communication preference. K & K Trust and Woods Investment Trust in Partnership as the Coastal Distributing & Provedoring.
Reviews (1)
YAdelaide Com Au
Jan 17, 2018
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Meertens Chartered Accountants are an iconic brand in South Australia. As registered liquidators, trustees in bankruptcy and insolvency specialists, they have a uniquely successful track record in rescuing businesses and saving jobs.
There are too many success stories to mention but the most recent is their completion of the Spring Gully turnaround; where creditors were repaid 102% of their original debt. It is a demonstration that the very best professionals properly harnessed the Voluntary administration regime and used it as it was originally intended - to save businesses and preserve jobs
There are too many success stories to mention but the most recent is their completion of the Spring Gully turnaround; where creditors were repaid 102% of their original debt. It is a demonstration that the very best professionals properly harnessed the Voluntary administration regime and used it as it was originally intended - to save businesses and preserve jobs
