How to Use Business Restructuring to Boost Future Growth
How to Use Business Restructuring to Boost Future Growth If your business is struggling right now, know that you’re not alone. Many business owners struggle with mounting debt or operational issues. In fact, more than 11,000 companies went into external administration...
What to Do If a Creditor Threatens Bankruptcy
What to Do If a Creditor Threatens Bankruptcy Here’s something that might shock you: creditors can push you into bankruptcy over a $10,000 debt. The court can declare you bankrupt even if you’re not there to defend yourself. Many people don’t take bankruptcy...
An Australian’s Guide to Priority of Payments in Liquidation
An Australian’s Guide to Priority of Payments in Liquidation When a company enters liquidation, who gets paid (and in what order) can make all the difference. In Australia, the priority of payments is governed by strict rules under Section 556 of the Corporations Act...
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