Insolvency Lawyer Brisbane
Is Your Business Struggling with Cashflow? Is it Temporary?
You may be reading this because your creditors are chasing you for a payment you cannot afford to pay. Whether you’re in arrears with ATO obligations, or you’ve encountered a sizable risk to your business and you’re potentially facing insolvency, it’s essential to seek advice from a specialist insolvency lawyer at an early stage to respond to the claim.
If you have been served with a Director Penalty Notice by the ATO failing to act will result in you becoming personally liable for your Company’s debts.
Corporate Insolvency Lawyer Brisbane
It goes without saying that insolvency is stressful. If you’re a Director there can be personal long term consequences. Getting the right insolvency lawyer on board can make all the difference. That’s why we take these cases seriously, with honesty and integrity.
Whether you are an individual facing personal insolvency or a company seeking advice on insolvency, we can help to manage all aspects of insolvency, bankruptcy, and liquidation.
Plan to Protect
Insolvency is not something you ever desired or imagined. You didn’t plan to be insolvent. But dealing with insolvency does require a plan, to protect you from unnecessary financial or reputational burdens. As your insolvency lawyer, our focus is on planning to protect your future.
If you are being pursued by a creditor or a liquidator, we can help negotiate with the creditor or apply for an injunction to stop the creditor from placing your company into liquidation.
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Excellent in both professionalism and experience. I needed advice from a commercial litigation lawyer on the Sunshine Coast Michael. Beirne gave me an outcome that exceeded my expectations. My experience was exceptionally great. I have no hesitation in recommending Barclay Beirne Lawyers.
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I have used Barclay Beirne for the past several years on the Sunshine Coast and have found Michael to be extremely efficient in all the matters that I have engaged him, I would definitely recommend Michael for any Litigation matter.
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I have used the services of lawyers for both personal and business purposes, and can thoroughly recommend Michael. He explanations are clear and the research, preparation and execution of his work thorough. A willingness to go the extra mile for me was also a very refreshing change!
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Michael Bernie has just recently assisted me in quite a complex matter regarding a mixture of negligence and family law. I found Michael to be extremely helpful, caring and above all else very honest. I genuinely appreciated all his assistance. As we know solicitors can be very expensive, but I found Michael to be very reasonable especially given the complexity of my case but regardless of the cost his commitment, honesty, dedication and vast knowledge was well worth it.
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I've had a long standing relationship with Barclay Beirne Lawyers having used the teams services for business and personal matters. Michael always provides me with practical solutions I can rely on. His advice is typically as succinct as can be expected from the legal profession but always considered and thorough. I have no hesitation in recommending Barclay Beirne Lawyers
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I recently needed MIchael's assistance with a complex restraint of trade issue. What struck me more than just Michael's technical knowledge was his passion and doggedness in finding the best solution and outcome for me, his client. You want this level of technical ability and passion on your team. If you have any sort of commercial legal issue that needs adressing you need to talk to Michael Beirne.
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Corporate – where the debts are owed by a company
- Insolvent Trading – as a director, you may be liable for the claims of creditors. If you continue to trade whilst your if you are you conduct your business? Do you believe you can trade out of your difficulties and if so, on what information?
- Creditors Statutory Demands – what should a company do when served with such a demand? What is the time limit for applying to the Court to set aside a statutory demand? What are the grounds on which I can apply?
- Director Penalty Notices – (issued by the ATO to Company Directors) are you personally liable to the Australian Taxation Office? Are there any steps I can take to reduce or avoid my liability?
Personal – where the debts are owed by an individual
- Bankruptcy – what of the ramifications of presenting your own petition in bankruptcy? Will I lose my job or my licence? How much do I have to pay to my trustee in bankruptcy? How long will I be bankrupt? Can I keep my car?
- Alternatives to Bankruptcy – can I enter into an agreement with my creditors and avoid bankruptcy? What if some of my creditors disagree?
- Dispositions of Property before Bankruptcy – are transfers of property before your bankruptcy? Can my trustee in bankruptcy upset those transactions?
- Superannuation – is it safe from a trustee? Are payments made to my superannuation fund prior to my bankruptcy able to be set aside?
