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What are Creditors Meetings?

Creditors meetings give liquidators a way to keep your company's creditors up-to-date about the liquidation and seek creditor approval/guidance on various matters.

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Topics: Company Liquidation, Personal Debt, Liquidation

Suspect Your Company is Trading Insolvent? 6 Steps to Take

If your company is experiencing a cash flow or liquidity crisis, you need to consider whether it can still pay its debts when they become due. If it can’t, then your company may be insolvent.

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Topics: Director Advice, Business Debt, Insolvency, Liquidation

Director Penalty and Garnishee Notices

The ATO holds a special suite of powers beyond the usual debt recovery strategies that sets them above the usual creditor.

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Topics: Tax Debt, Director Advice, Business Debt

Directors' Duties and How to Avoid Insolvent Trading

Your duties as director are usually to your shareholders. However, if your company is insolvent (or may be insolvent in the near future) those duties expand to include creditors such as trade creditors, the Australian Tax Office (ATO), banks and employees.

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Topics: Director Advice, Business Debt

Save Money Over Easter! Some Quick Money Saving Tips

Are you looking for some tips and tricks to save money over Easter? Well you have come to the right place!

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Topics: Budgeting, Personal Debt