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Corporate Insolvency FAQ

SV Partners approach to Bankruptcy

At SV Partners, we firmly believe that bankruptcy is the last resort. Our Personal Insolvency advisors will work with you to find alternative solutions to financial problems.

We operate one of the largest Bankruptcy Practices in Australia, and if bankruptcy occurs we provide objective, practical and expert advice.

As a professional advisor, our role is to help address the situation, with the advice and skills required to provide relief from debt problems and extinguish existing debts.

What is Voluntary Administration

Voluntary administration is an insolvency procedure where the directors of a financially troubled company with a security interest over most of the company’s assets appoint an external administrator. The voluntary administration process ensures that the business, property and affairs of the company are administered in a way that: Maximises the chances of a business to continue to exist, or: Results in a better return for the company’s creditors and members, than from an immediate winding up of the company (section 435A). The administration process takes place over an interim period, usually lasting between 25 and 30 business days.

What is Voluntary Administration

Voluntary administration is an insolvency procedure where the directors of a financially troubled company with a security interest over most of the company’s assets appoint an external administrator. The voluntary administration process ensures that the business, property and affairs of the company are administered in a way that: Maximises the chances of a business to continue to exist, or: Results in a better return for the company’s creditors and members, than from an immediate winding up of the company (section 435A). The administration process takes place over an interim period, usually lasting between 25 and 30 business days.

What is Voluntary Administration

Voluntary administration is an insolvency procedure where the directors of a financially troubled company with a security interest over most of the company’s assets appoint an external administrator. The voluntary administration process ensures that the business, property and affairs of the company are administered in a way that: Maximises the chances of a business to continue to exist, or: Results in a better return for the company’s creditors and members, than from an immediate winding up of the company (section 435A). The administration process takes place over an interim period, usually lasting between 25 and 30 business days.

What is Voluntary Administration

Voluntary administration is an insolvency procedure where the directors of a financially troubled company with a security interest over most of the company’s assets appoint an external administrator. The voluntary administration process ensures that the business, property and affairs of the company are administered in a way that: Maximises the chances of a business to continue to exist, or: Results in a better return for the company’s creditors and members, than from an immediate winding up of the company (section 435A). The administration process takes place over an interim period, usually lasting between 25 and 30 business days.

What is Voluntary Administration

Voluntary administration is an insolvency procedure where the directors of a financially troubled company with a security interest over most of the company’s assets appoint an external administrator. The voluntary administration process ensures that the business, property and affairs of the company are administered in a way that: Maximises the chances of a business to continue to exist, or: Results in a better return for the company’s creditors and members, than from an immediate winding up of the company (section 435A). The administration process takes place over an interim period, usually lasting between 25 and 30 business days.

What is Voluntary Administration

Voluntary administration is an insolvency procedure where the directors of a financially troubled company with a security interest over most of the company’s assets appoint an external administrator. The voluntary administration process ensures that the business, property and affairs of the company are administered in a way that: Maximises the chances of a business to continue to exist, or: Results in a better return for the company’s creditors and members, than from an immediate winding up of the company (section 435A). The administration process takes place over an interim period, usually lasting between 25 and 30 business days.

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