Insolvency Lawyers Sydney

Our insolvency lawyers can advise and represent creditors, debtors and insolvency practitioners throughout the insolvency process. We can provide advice and assistance from the early stages of debt collection or financial strain through to liquidation or administration process.

Handling Creditor’s Statutory Demands & Winding up applications: Includes applications to prosecute and or set aside statutory demands and winding up proceedings.

Bankruptcy Notices and Proceedings: Managing applications to prosecute and or set aside bankruptcy notices and overseeing bankruptcy proceedings.

Deeds of Company Arrangement: Facilitating and advising on the implementation and consequences.

Voidable Transactions: Refuting and legal representation in unfair preferences, uncommercial transactions, undervalue transactions, and transfers designed to defeat creditors.

Recovery Actions: Acting on behalf of liquidators and trustees to recover assets. Refuting and legal representation against claims made by liquidators and or trustees to recover assets.

Insolvent Trading Claims: Defending claims against directors for insolvent trading. Representing liquidators in claims against directors for insolvent trading claims.

Asset Sale Agreements: Managing agreements for the sale of assets and property of insolvent entities.

Sale of Land: Preparing contracts and deeds for the sale of land in the insolvency process.

Examinations: Conducting examinations of directors,bankrupt individuals, shadow directors, accountants, professional advisors, family members.

Disputes with liquidators or administrators: Handling disputes that arise during the insolvency process with a liquidator or administrator.

Personal Property Securities: Handling disputes under the Personal Properties Securities Act 2009, including retention of title issues and priority creditors.

ASIC & Regulatory Investigations: Assisting directors and individuals with correspondence, investigations from ASIC or other regulatory bodies.

When corresponding or dealing with trustees, liquidators or administrators legal practitioners need a solid understanding of the insolvency processes and the law to assert or protect your legal rights. Insolvency practitioners are impartial and don’t act in the best interests of directors and all parties should ensure they get expert advice to safeguard their interests.

If an issue arises it is highly recommended to seek legal advice, particularly as a director as this can lead to an unfavourable report to ASIC and other adverse repercussions.

Getting quality legal advice will ensure you can navigate insolvency with confidence of having a firm understanding of the legal framework and your options.

How we can help with negotiating debt repayments

Our lawyers will work closely individuals or director’s accountants and/or financial advisors to find the best solution for you, which can include:

• negotiating to repay debts.
• recovering unpaid debts owed to you.
• acting in proceedings brought by creditors to appoint a liquidator or trustee in bankruptcy.

If you or your business are experiencing issues paying your debts, or you are owed money by someone who you think is unable to pay it, our experienced Sydney lawyers can provide clarity and advise you of the options available to you.

Our corporate insolvency lawyers regularly advise directors and shareholders who find themselves in difficult financial circumstances, either as creditors chasing payment of debts, or as debtors unable to manage their debts.

We have acted for companies, across many industries, providing custom advice to business owners that suits their needs and requirements and implementing workable solutions across all stages of the insolvency process.

Our experience shows that there are many ways to turn a business around and having the right advice and the correct strategy can ensure a business is adequately protected. For further information, see our corporate insolvency page.

• Client-Focused: We understand the stress and complexity involved in financial distress and are committed to guiding you to a better position.
• Commercially Sound: At PCL Lawyers we provide legal advice that is considered and relevant to your circumstances and resources to achieve the best outcome.
• Deep Expertise: Our lawyers bring extensive experience in both personal and corporate insolvency law, equipped to handle complex cases and offer strategic solutions.
• Results-Driven: We are dedicated to achieving the best outcomes for our clients, with a proactive and compassionate approach.

Don’t navigate your financial challenges alone. Contact us to see how our experienced bankruptcy lawyers in Sydney can help secure the best outcome for you.