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Voluntary Administration
How Voluntary Administration Could Rescue Your Business

How Voluntary Administration Could Rescue Your Business

Voluntary Administration offers a lifeline for businesses facing financial distress. It is a process designed to provide breathing space for companies, allowing them to reorganise or restructure their operations for better financial health.

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Understanding Voluntary Administration: A Comprehensive Guide

Understanding Voluntary Administration: A Comprehensive Guide

In the world of business, financial turbulence is not an uncommon scenario. Companies, big or small, may face financial difficulties due to various reasons. It’s during these challenging times the concept of voluntary administration comes into play. But what exactly is voluntary administration, and how does it work?…

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How Voluntary Administration can reveal options for your business

How Voluntary Administration can reveal options for your business

Voluntary Administration is a valuable tool for businesses in Australia facing financial difficulties. This option can provide an opportunity for companies to stay afloat and improve their financial situation with the help of a qualified administrator. his process allows businesses to restructure and gain greater control over their debt while…

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What’s Involved In The Voluntary Administration Process In Australia

What’s Involved In The Voluntary Administration Process In Australia

When a business is struggling financially, its owners may consider Voluntary Administration as a way to restructure the company and allow it to continue operating. Voluntary Administration is a formal process administered by a licenced, independent administrator. The administrator will take control of the company and work…

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Breaking Down The Cost Of Voluntary Administration For Your Business

Breaking Down The Cost Of Voluntary Administration For Your Business

We are, hopefully, approaching the end of two years of uncertainty, lockdowns and other restrictions in response to the global Coronavirus pandemic. However, at the time of writing, a war in Eastern Europe is impacting the price of oil and increasing the cost of living across most of the world. Many…

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Everything You Need To Know About Voluntary Administration in Australia

Everything You Need To Know About Voluntary Administration in Australia

If you believe your business is insolvent and you are considering putting the company into voluntary administration, you’re making a wise decision that may end up saving your business from liquidation. This article will provide an overview of Voluntary Administration. We’ll look at the duties of the administrator…

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Your Company Has Received a Statement of Claim

Your Company Has Received a Statement of Claim

If your business has received a Statement of Claim then you have been taken to court. The dispute between you (the defendant) and the person or business (the plaintiff, or applicant) filing the statement of claim is in the court’s system. You must respond within 28 days or there could be serious repercussions…

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Common Recovery Proceedings

Common Recovery Proceedings

Creditors have various means of debt collection they can apply, and the following are the five most common. Statement of Claim A statement of claim is normally the first step in the debt collection process through the court system. The statement of claim will address the elements of the law…

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