Directors: Beware Pre Insolvency Advisors 

Pre insolvency advisors can pose a significant risk to distressed individuals and companies. In Australia, pre-insolvency advisors are largely unregulated. Unlike a qualified insolvency practitioner, an advisor is not trained to actively manage insolvency processes. They can be expensive and […]

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Personal Insolvency Statistics February 2024

February 2024 Totals  664 bankruptcies  308 debt agreement  8 personal insolvency agreement  2 deceased estate  Personal insolvency trends  Personal insolvency statistics continue to fall well behind the projections and timeline suggested by AFSA. The most common industry for affected individuals […]

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