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Visit our dedicated small business restructuring site for small business owners facing financial distress.
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 |
|---|---|
ACCC's Debt Collection Guideline for Collectors & Creditors | This joint ACCC and ASIC guideline sets out how consumer protection laws apply to debt collection in Australia. It covers enforcement responsibilities, key definitions, and the rights and obligations of both collectors and creditors. A practical reference for anyone involved in managing or recovering debts. |
Beyond Blue - New Access for Small Business Owners | Tailored mental health coaching for small business owners, with free, confidential sessions designed to manage stress through Cognitive Behavioural Therapy. |
AFSA Bankruptcy Search: InfoTrack Tool | A 21-day grace period service providing breathing space for businesses to restructure finances amidst creditor demands. |
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