Back to Basics: Insolvency Agreements

In Australia, informal agreements, debt agreements, and personal insolvency agreements are all alternative options to bankruptcy for individuals facing financial difficulties. However, each one operates differently, and has different benefits. Informal agreements are private arrangements between an individual and their creditors to repay debts. They are not legally binding, and there is no protection from creditors. […]

Deregistering Your Company – A Warning for Directors

When a business is no longer trading and the paperwork, fees, and obligations keep piling up, deregistering a company can look like a clean exit. A simple form, a small ASIC fee, and the company disappears from the register. On the surface, it feels like closure. But for directors, deregistration of a company is a […]