Personal Insolvency
PPB Advisory understands that facing personal insolvency can be confronting and stressful for the individuals involved.
We take the time to ensure that all stakeholders understand the process and what will be required at each stage. We conduct our assignment efficiently and sensitively and work with all stakeholders to deliver the best outcome under the circumstances.
Our genuine relationships with creditors including banks, secured and unsecured creditors together with institutions such as tax authorities and workers comp, ensures confidence that we delivery the best possible return while considering both the business and personal issues of the individuals involved.
PPB Advisory has the knowledge and experience to identify issues and possible risks rapidly and take the necessary steps to manage the impacts on lenders, business owners, individuals and their families.
Personal insolvency options available include:
- Informal workouts
- Personal Insolvency Agreements
- Part XI Deceased Estates
- Bankruptcy
- Court Appointed Receivers and trustees for sale
PPB Advisory can also conduct informal loan reviews, and investigative accounting services and provide both strategic and financial advice.
Helpful Links
Insolvency and Trustee Service Australia (ITSA)
ITSA Personal Insolvency & the Law
ITSA Bankruptcy & Overseas Travel
ITSA Annulment by Composition or Arrangement
ITSA Bankruptcy Forms & Information - Statement of Affairs
