WHEN IT’S NO LONGER BUSINESS AS USUAL,
Corporate Restructuring &
Business Insolvency Experts
Regain control of your business and manage insolvency with Corporate Lifeline.
Our expert advisory team is ready and waiting to provide support with your debt,
with transparent advice so you can find peace of mind.
Free and confidential first consultation
Judgment-free assessment of your business
Expert advice from a highly qualified team
Find a fast solution to your problem
CORPORATE INSOLVENCY SOLUTIONS
GET YOUR BUSINESS BACK ON TRACK
We have the expertise and services to find an effective insolvency solution for your business.
Empathetic, understanding support is only a phone call away.
Company Liquidation
- Creditors Voluntary Liquidation
- Simplified Liquidation
- Members Voluntary Liquidation
- Receiverships
Personal Insolvency
- Bankruptcy
- Personal insolvency agreements
- Creditor negotiations
Business Restructuring
- Safe Harbour
- Small business restructuring
- Voluntary administration
Corporate Advisory
- Business performance improvement
- Forensic accounting
- Funding solutions
OUR CORPORATE INSOLVENCY PROCESS IN 4 SIMPLE STEPS
Introductory Session
Let’s meet. We’ll learn about your business and your financial problems. This will help us line up the best of our team for your particular situation.
Business Evaluation
A deep dive exploration of your finances and processes will help us develop a tailored strategy. This is a big step towards your eventual recovery.
Strategy Session
You’ll now receive a full report on our findings and the solutions we’ve identified. This is your course of action toward normal operating.
Implementation
Our team works to fix your problems. Working closely with you and your staff, we’ll strive daily to ensure you find the resolution you’re looking for.
Decades of combined highly experienced advisors
CHOOSE CORPORATE LIFELINE FOR EMPATHETIC
SUPPORT DURING THIS DIFFICULT TIME
REAL PEOPLE, REAL REVIEWS
FIND OUT
HOW WE CAN HELP YOU!
LATEST NEWS AND INSIGHTS
CORPORATE LIFELINE LOCATIONS
Sydney
Corporate Lifeline
2 Park St, Sydney NSW 2000, Australia
Melbourne
Level 14/440 Collins St
440 Collins St, Melbourne VIC 3000, Australia
Adelaide
Level 9/50 Pirie St
Ph +61 8 7093 8283
Darwin
Paspalis
Paspalis Centrepoint, Level 1 /48-50 Smith St, Darwin City NT 0800, Australia
Brisbane
level 4/240 Queen St
240 Queen St, Brisbane City QLD 4000, Australia
Perth
Level 11/77 St Georges Terrace
77 St Georges Terrace, Perth WA 6000, Australia
SPEAK TO AN EXPERT TODAY
If you find yourself in a situation where you need financial advice for your business, let us help you.
FAQs
How Do You Determine If Your Company is Heading Towards Insolvency?
There are many common signs you could be heading towards debt problems. You should be on the lookout for:
- Problems ordering stock (this may be due to overdue debt)
- Letters of notice for legal action against your company
- Creditors contacting you regularly (daily, weekly, or monthly with increasing frequency)
- Creditors refusing to extend your terms of payment
The above are clear signs you may be heading for financial difficulties. However, other signs may include a poor financial quarter. In the long-term this can lead to increasing pressures on your overhead.
What Options Exist for Companies with Financial Challenges?
There are several proven pathways of business support. These include:
- Voluntary administration
- Administration
- Business restructuring
- Safe Harbour
- Receivership
- Liquidation
At Corporate Lifeline, we offer independent and expert advice on these options.
During times of difficulty, it’s better to reach out and find the right solution for your circumstances. This can prevent the situation from getting worse and may place your business back on the road to recovery.
What's Involved With Company Insolvency, Voluntary Administration, and Liquidation?
- Insolvency: This is where a company can’t repay debts. Unless the business repays the capital owed, this can lead to an insolvency practitioner (IP) being appointed to liquidate the business. This is why it is important to act fast, seek help, and receive support to avoid this outcome.
- Voluntary administration: A business may appoint an independent administrator to oversee business proceedings. This can maximise the potential for financial recovery, as this new set of eyes may find the faults in your operation and present actionable solutions. In the right circumstances, it’s a proven way to recover from insolvency.
- Liquidation: Involves selling assets to pay creditors and shareholders. The company must be closed to do this. A liquidator will be appointed to help with this process, who can direct proceedings to ensure debts are paid. Although a drastic step, this is neither good nor bad—it’s an essential legal step to clear outstanding debt.
Contact us for support on these core debt solutions. We provide judgment-free assessments and you don’t have to pay for your first consultation: 1800 621 308.