1800 463 328 help@iodebt.com.au

Free Confidential Consultation

What should you expect from our free confidential consultation service?

Take the first step.

We know taking the first step to call for help is not easy. Our initial step in your free confidential consultation is to listen to best try and understand your situation. Your confidentiality is just as important to us as it is to you.

We will ask you if your debt is related to you personally or if you own a company. We will also ask how much debt is owed and who it is owed to. For us to give you the best outcome, we will ask prior to your consultation if you can gather as much information as possible.

Insolvency Options Team

If you own a business, this will include your company’s profit and loss statements (even if they are not up to date), tax related debt statements, cash flow statements and any statements (or records) that allow us to identify how much money is owed and what assets you own.

If you are an individual (don’t own a business), we will ask if you can provide any tax debt related statements, current credit card/bank statements and any other documentation that identifies who you owe money to and what assets you own.

Once we have an understanding of your financial situation, who you have debts with and how much is owing, we can make a fair assessment of the best course of action. It is best to be honest and upfront with us so we can provide you with all available options. 

Our consultation also covers what your options are; the benefits, considerations, costs and expected outcomes of each option. Anything that you have disclosed to us during this consultation is kept completely confidential. There is also no obligation to us. You can then take your time to decide your next steps. 

Business Debt Solutions

Small Business Restructuring Plan

If your business is struggling to pay its debts, then the Small Business Restructuring Plan may be right for you.

Work with our skilled team to get your business back on track.

Voluntary Administration / Deed of Company Arrangement

This Voluntary Administration option is for businesses that need to resolve their debts in order to continue trading. It provides immediate debt relief after an Administrator is appointed.

Creditors' Voluntary Liquidation

Dealing with debt is stressful and sometimes dissolving a business is the most appropriate course of action.

A Creditors’ Voluntary Liquidation is designed to wind up a business after its debts have been resolved.

Businesses in Industry

Court Liquidation

A Court Liquidation occurs when a Liquidator is appointed by the Court to wind up (liquidate) a company. A Court Liquidation is commonly instigated by a creditor that has made an application to the Court to liquidate the company due to unpaid debt.

Personal Debt Solutions

Debt Agreements

A Debt Agreement is a legally binding agreement between you and your creditors to settle your debts. This option is an alternative to Bankruptcy. 

Find out if a Debt Agreement is right for your situation.

Personal Insolvency Agreements

A Personal Insolvency Agreement is also a legally binding agreement between you and your creditors. It is an alternative option to bankruptcy. While both options are Agreements to satisfy debts, there are several differences. 

Bankruptcy

Bankruptcy can often seem like an intimidating and daunting option. Our team understands that and sometimes this may be the only option for total debt relief. It is important to know all your options before considering bankruptcy.

 

Contact Us

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Our Free Consulation Service

We know taking the first step to call for help is not easy.

Our initial step in your consultation is to listen to best try and understand your situation. Your confidentiality is just as important to us as it is to you.

Our consultation also covers what your options are; the benefits, considerations, costs and expected outcomes of each option. Anything that you have disclosed to us during this consultation is kept completely confidential.

Find out what you should expect from our free consultation service. Speak to our business recovery and debt solutions experts today.

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