Voluntary Administration & Deeds of Company Arrangement

Like personal insolvency, when your company is failing it’s embarrassing. We know. You’ve run out of cash in the bank and assets to sell. You owe more than what you have – creditors, the ATO, and the bank are chasing you. And the worst is that sometimes you have done nothing wrong – it’s completely someone else’s fault!

We have seen it happen to all types of companies, and it’s ok. Sometimes you learn more from a single failure than from a lifetime of success.

We have helped businesses when someone else has committed a fraud on them or sued them for something which seems very unfair. We have helped businesses when someone has not paid them for what they supplied, and when a liquidator or trustee is clawing back payments for things they supplied. We’ve helped companies with credit cards debts that could not be paid off in a million years, and with loans that cannot be serviced.

If your company is in financial strife, there are ways for us to help. To resolve things more quickly. To take the pressure of you so that you can wake up in the morning and enjoy each day, not wonder which creditor is calling you, which sheriff is knocking at your door.

Seeing us early is key to coming to an arrangement with your creditors. We take the reins and guide you through the process, sometimes with other professional advisors who are better placed to help – whether that be insolvency (winding up), or sustaining your business through Safe Harbour, a Deed of Company Arrangement, or in a less formal payment arrangement with a class of creditors.

If you do nothing, things will only get worse.

And yes, taking the first step is hard. You have to acknowledge and accept that you need help. But the good news is that help is there. Contact Access Law Group today. Let our team help you to take the first step towards a debt free future.