Archive for Insolvency and Bankruptcy News

Doctrine of Exoneration

Q: What happens if a married couple own a house and the husband goes bankrupt? A: The wife’s share is protected under the Doctrine of Exoneration, because the essence is that any loan obtained for the sole benefit of one…

Insolvency professionals

You can meet with one of our highly experienced insolvency professionals for a low fixed price of $330, and you will receive invaluable advice on: The options available to you to clear the decks of debt (and the pros, cons…

Do I Pay The ATO?

Do I Pay The ATO?

Things are tough and the ATO are into you left, right and centre, do you pay them? Many directors often pay the ATO substantial monies before other creditors are paid because of fear and threats of DPN etc. But if…

Celebrity chef banned by ASIC

Celebrity chef banned by ASIC

Celebrity chef Justin North has been banned by ASIC from running companies for two years after the collapse of his restaurant empire in 2012. At its peak, Mr North’s company employed about 180 people at businesses including cafes, a catering…

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