We believe that bankruptcy is the last resort and SV Partners will work with you to find alternative solutions to your financial problems.
However, in the event that you are no longer able to pay all your debts, you voluntarily declare bankruptcy (also known as a Debtor’s Petition) or a creditor makes an application to the courts to make you bankrupt (also known as a Creditor’s Petition), SV Partners can help you.
Bankruptcy is a legal process that provides protection to people who are unable to repay their debts or reach a suitable arrangement with their creditors. Although it is important to know your options and consequences before becoming bankrupt, bankruptcy may be the most suitable avenue that allows you to be released from most debts.
Once the act of bankruptcy has occurred, there are obligations and restrictions imposed on that individual.
If you are in the situation where you may be facing bankruptcy, SV Partners can help you. We will assess your situation and talk you through your options.
Our role is to help provide objective and practical solutions tailored to your situation to provide relief from debt and financial pressures.
We are experts in all facets of bankruptcy and our approachable team make every effort to make the bankruptcy process as transparent and manageable as possible. Visit our FAQ section for more information. To have an obligation free consultation with a bankruptcy expert, contact our confidential assist line on 1800 246 801.