Know your client’s options.
If your client is financial stress, what options do they have?
Insolvency Options are proud to be servicing businesses and individuals with finding solutions to their debt issues.
Many of us are aware now more than ever, that Australians have been under increasing financial pressures. During an average year, over 10,000 individuals face some type of personal insolvency and over 8,500 businesses enter insolvency. With the financial challenges endured over the past two years and recent resumption of the ATO’s debt collection methods, we are now starting to see the insolvency side effects.
It is a critical time for professionals to check in with their clients. We often see individuals and business owners too embarrassed to talk to their advisor about their unmanageable debts. This is why we encourage a proactive approach with a ‘check in’ scenario. With early detection of a client’s financial troubles, the more options will be available to mitigate the worse case scenario of liquidation or bankruptcy.
Fortunately, Insolvency Options are qualified to provide alternative options for those facing debt pressures.
Insolvency Options provides a free confidential consultation to explain all the options available relating to a client’s circumstances.
Business Debt Solutions
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- Small Business Restructuring Plan
- Voluntary Administration / Deed of Company Arrangement
- Creditors’ Voluntary Liquidation
- Court Liquidation
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Personal Debt Solutions
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- Debt Agreements
- Personal Insolvency Agreements
- Bankruptcy
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Other business services available
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- Business Turnaround Management
- Members’ Voluntary Liquidation
- Business Valuation Services
- Business Health Checks
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We are committed to exploring all options with businesses and individuals that are facing financial stress. If you have a client that may be facing financial difficulties, contact us on 1800 463 328. We encourage the use of our free confidential consultation service.
Article written 23 March, 2022