If you feel that your business cannot continue to trade as a result of financial difficulties feel free to contact us for professional support.
Our objective is to offer practical solutions to financial problems, helping your business “bounce” back.
We listen to you carefully to offer you the best solution based on your individual circumstance.
Personalised advice to put your mind at ease
during times of personal or business related financial turmoil.
It is important that directors are aware of their statutory obligations under the Corporations Act regarding the management of a company, particularly in circumstances where it may be insolvent
In certain circumstances it is possible to work with the business owners to develop, implement and monitor a business recovery plan to set the “business on the right course”. This is
Regardless of the causes of personal insolvency we see first hand the stress levels that generally result from this type of crisis. We believe it is critical to explain the various options
Michael is the Managing Principal of Jones Partners Insolvency and Business Recovery and holds a Bachelor of Arts (Accounting) Degree from Macquarie University. He is a Fellow of the Institute of Chartered Accountants in Australia (“ICA”) and ...
Is a Bankrupt’s money his/her own? ...
A question that is frequently asked by an individual that may be contemplating bankruptcy is what happens to the income they earn during bankruptcy. In short, the Bankruptcy Act 1966 (“the Act”) provides that the individual is assessed...Read More
What impact does personal bankruptcy or ...
As a bankruptcy trustee I am often asked by individuals facing personal financial hardship what will happen to my credit rating if I formally declare myself bankrupt More importantly individuals are often concerned about their ability in...Read More
Will the Australian government’s “si ...
The Australian government announced measures to cut red tape for business and to provide a simplified payroll system that would mandate or a “single touch payroll system”
The Australian Taxation Office (ATO) is currently conducting a...Read More