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Visit our dedicated small business restructuring site for small business owners facing financial distress.

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AFSA's Insolvency Eligibility Tool

Considering bankruptcy but unsure if you can set sail on this course? AFSA’s eligibility check tool is your compass, guiding you through the criteria necessary for declaring bankruptcy. It evaluates whether you’re adrift with debts you cannot pay when due and checks if you have a solid mooring in Australia—either through residence or business connections. This online navigator is designed to chart your possible paths in financial seas, helping you understand your options with ease and precision.

Further Reading

Title
Short Summary
Deciphering A Credit Report
The OAIC's plain-language guide to credit reporting explains what information appears on your credit report and how long each entry stays. Useful reading for anyone managing debt, rebuilding their credit history, or trying to understand how financial decisions affect their creditworthiness over time.
ASIC Closing A Small Business
Your guide to deciphering the National Personal Insolvency Index (NPII), this AFSA resource offers clear, detailed insights into personal insolvency records, making a complex system understandable for professionals and individuals alike.
NSW Small Business Commission Mediation Service
A service providing free financial counselling for those facing financial difficulties, with independent, confidential advice.
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