Voluntary Administration Brisbane
Are you looking to find out more about Voluntary Administration in Brisbane? Is your Brisbane-based Company ready to enter Voluntary Administration? Voluntary Administration allows company directors to enter a moratorium period, during this period an external administrator will take control of the company. While this administrator is in charge of the company they will assess the state of the company and propose and arrangement for payment of debts that will be put to the company’s creditors for consideration. Insolvency Guardian can help you to decide if Voluntary Administration is the best course of action for your Brisbane business.
Call 1300 60 70 60 to talk to Insolvency Guardian about Voluntary Administration in Brisbane
When a company enters Voluntary Administration in Brisbane they are given time to attempt to make a compromise or alternative arrangement with creditors which might end up saving the company. These arrangements can benefit the company and their creditors so it is definitely worth finding out whether or not entering Voluntary Administration is right for your Brisbane company. Voluntary Administration is seen as the last chance for a company to reach an agreement with creditors in order to keep operating. If an agreement can’t be reached the company can be put into liquidation, which is a better alternative to other winding up procedures. Insolvency Guardian can help you to decide if Voluntary Administration is right for your company. For more information call the number below and one of our consultants will help you to determine the best course of action for you. Don’t face Voluntary Administration in Brisbane without professional advice from Insolvency Guardian, call today!