Queensland Administration Services Nerang

We understand that a right approach is necessary for the right outcome. By understanding what our clients are going through helps us maximize the potential of success for you. Our expert advice will be given in a way that applies to your way of doing business. This allows us to create rich relationships with our clients. Voluntary Administration and Receiverships If a company is in financial difficulty, voluntary administration is designed to resolve a company future direction quickly with an independent voluntary administrator taking full control of the company. Deeds of Company Arrangement A deed of company arrangement is a binding arrangement between a company and its creditors governing how the company's affairs will be dealt with, which may be agreed to as a result of the company entering voluntary administration. Bankruptcies Bankruptcy is a legal process where you're declared unable to pay your debts. It can release you from most debts, provide relief and allow you to make a fresh start. Part X Arrangements Part X (Part 10) of the Bankruptcy Act allows a debtor to enter into an arrangement with their creditors to satisfy their debts without being made bankrupt.