Insolvency

Legal Studio has extensive experience in Insolvency cases

Business, by its very nature, carries financial risks. Legal Studio is here to assist all parties affected when these risks eventuate.

We have experience in areas including, but not limited to:
  • Bankruptcy;
  • Compulsory liquidation;
  • Creditors’ voluntary liquidation;
  • Directors’ duties and liability on insolvency; and
  • Partnership insolvency.

COMMON CLAIMS CAN INCLUDE, BUT ARE NOT LIMITED TO, SITUATIONS OF: 

  • Failed to pay a debt owed to a creditor or not being paid a debt owed to you;
  • The commencement of legal proceedings due to an outstanding debt;
  • Having to liquidate your assets in order to pay any debts; or
  • Not understanding reconstructing options available or how to negotiate an alternative repayment schedule.

LEGAL STUDIO WILL BE ABLE TO:

  • Meet with you in order to assess the gravity of your situation;
  • Advise you on the best course of action in your scenario;
  • Assist you through the insolvency process;
  • Aim to avoid court proceedings if necessary;
  • Advise on funding options including No Win, No Fee or No Win, Low Fee options;
  • Assist you through any court proceedings; and
  • Assist with the document filing, litigation, representation appeals and explaining duties.

Who Can Help?

What do we cost?

We take a flexible approach to our costs; and the fee structure of each instruction is case-specific. 

We are more than happy to discuss our costs options on an informal basis.