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Busting the misconception that bankruptcy means no more income
Busting the misconception that bankruptcy means no more income
There are common misconceptions as to how much you can earn during the period of your bankruptcy and restrictions associated with being bankrupt. This article will provide information to determine whe…
Bankruptcy 101
Bankruptcy 101
The Covid-19 pandemic has put unprecedented financial pressure on businesses and individuals. This will be the first in a series of articles that provides information in relation to bankruptcy and how…
Risk Watch Essentials - September 2020
Risk Watch Essentials - September 2020
Covid Analysis The tables and graphs below show that the Covid stimulus measures introduced have had a drastic effect on the number of insolvency and winding up procedures. For the July - September 20…
Insolvency Implications in 2020/21 Federal Budget
Insolvency Implications in 2020/21 Federal Budget
On Tuesday night, Treasurer Josh Frydenberg announced the 2020/2021 Federal Budget. In the Budget, new reforms were proposed to Australia’s Insolvency Framework to further support small business fro…
Completing a Proof of Debt
Completing a Proof of Debt
Receiving notification that one of your debtors has been placed into external administration can be a difficult time for a business.  A recurring question that arises from creditors in an external ad…
Directors beware – temporary insolvent trading protection may not be guaranteed
Directors beware – temporary insolvent trading protection may not be guaranteed
In March 2020, the Federal Government introduced a raft of measures to combat the economic impact of the COVID-19 pandemic, including legislation which provided directors with temporary relief (up to …
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