In the context of bankruptcy, the Court usually refers to the Federal Court of Australia or the Federal Magistrates Court of Australia. Both of these Courts can hear matters associated with personal insolvency.
May 10
COURT
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- Business Solutions
- Voluntary Administration
Voluntary Administration is a process where an insolvent company appoints an independent administrator to assess all available options and produce the best resolution for the company and its creditors
- Creditors Voluntary Liquidation
A creditors’ voluntary liquidation occurs when the company’s members determine that the company can no longer satisfy its debts
- Small Business Restructuring
Small Business Restructuring provides a company time to put forward a plan to creditors to pay off their liabilities
- Court Liquidation
A court liquidation involves a liquidator being appointed to realise the company’s assets, investigate the company’s failure and disburse the funds to creditors according to priority
- Receivership
A receivership is an option for secured creditors to recover unresolved debts under a secured loan in the event that a business defaults on its loan payments
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- Personal Insolvency Agreements
A Personal Insolvency Agreement (also known as Part X or Part 10) is a legally binding agreement between a debtor and creditors to satisfy their debts.
- Deceased Estate
The term Deceased Estate refers to all the assets, liabilities and debts that belong to a person who has passed away.
- Statutory Trustee
A Statutory Trustee is a person or persons appointed by the Court for the purpose of selling real property, such as land and the houses or buildings on it.
- Bankruptcy
The SV Partners team are experts in all facets of bankruptcy, and we take every care to make the bankruptcy process transparent and manageable for our clients.
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