personal insolvency | Business Asset Protection

What is Pre-insolvency?

Business Asset Protection supplies free initial advice to companies and their directors and individuals.

Typically this includes reviewing your financial positions. A review is especially important where the company or individual is at risk of insolvency.

Insolvency means (more or less) you or your company are:

being unable to pay debts as and when the debts become due and payable.

Insolvency or financial difficulty can occur for a variety of reasons and Business Asset Protection is able to provide or procure a range of financial solutions.

Financial difficulties typically include:

Cashflow difficulties from large or slow paying clientele.
Disputes with clients, especially where these remain unresolved.
Being pressured by the ATO or other creditors.
Where your business partner is the problem.
When personal problems impact your business.
Poor cashflow management.
Where fixed costs are too high or present income too low.
The director becoming personally liable for the business’ debts.

If you’re facing any of the above or another financial difficult or pressure then you need to act.

Even if you just believe that your business risks these financial difficulties in the near future, then you need to act.

To act, we encourage client’s to schedule a meeting at the earliest time to maximise the available solutions to a problem/s.

take our free Business Health Check and receive bespoke, obligation free advice suited to your needs within minutes.

Otherwise – click here to book a free appointment, call me anytime on 1300-327123 (till late), or click the chat tool – bottom right corner to instant chat now

Thanks, Mark Smith, Director

What is personal pre-insolvency?

We provide a free initial service whereby we will review your overall financial position, both personal and business related.

This process enables the detailed review of your complete Business Assets, Personal Assets and review the security that has been and ought to necessarily be provided.

We identify what risks you are exposed to, if any, and prescribe the necessary corrective actions in a timely fashion to help you protect lawfully your business and personal assets.

To undertake a review of your position or to find out more, call 1300 DCP123, click here to book an appointment or watch for an upcoming webinar invitation.

take our free Business Health Check and receive bespoke, obligation free advice suited to your needs within minutes.

Otherwise – click here to book a free appointment, call me anytime on 1300-327123 (till late), or click the chat tool – bottom right corner to instant chat now

Thanks, Mark Smith, Director

What is corporate pre-insolvency

Whilst it is unlawful to deliberately cause companies to “Phoenix” it remains legal for companies to ‘fail’ and for directors whose company’s may be at risk of being unable to pay their debts as and when they fall due, solutions remain available.

We provide a free initial service including a review of your overall personal and business assets and prescribe a range of effective asset protection solutions to ensure your business can continue in the optimal format.

take our free Business Health Check and receive bespoke, obligation free advice suited to your needs within minutes.

Otherwise – click here to book a free appointment, call me anytime on 1300-327123 (till late), or click the chat tool – bottom right corner to instant chat now

Thanks, Mark Smith, Director

What are our advisory services

Mark Smith, our principal and key advisor, holds qualifications in both business and law.

Given this, together with his diverse wealth of experiences, in business and life, both in and outside of Australia, Business Asset Protection offers a suite of business law advisory related services across four core division:

Structuring including tax advisory
Pre-insolvency
Insolvency
Business excellence

Individual services include:

asset protection and business structuring
re-arranging unequal or problematic partnerships
managing collections of problem debts
arranging short or long-term finance
case management advice including arranging of representation
dispute resolutions
reviewing and reducing fixed costs
avoiding bankruptcy or corporate insolvency
structuring payment arrangements with creditors
reviewing book-keeping practices etc
completing forms
maximising government grants and more

take our free Business Health Check and receive bespoke, obligation free advice suited to your needs within minutes.

Otherwise – click here to book a free appointment, call me anytime on 1300-327123 (till late), or click the chat tool – bottom right corner to instant chat now

Thanks, Mark Smith, Director