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Visit our dedicated small business restructuring site for small business owners facing financial distress.
Considering bankruptcy but unsure if you're eligible? AFSA's eligibility check tool guides you through the criteria for declaring bankruptcy. It evaluates whether you have debts you cannot pay when due and checks your connection to Australia, either through residence or business. This online tool is designed to help you understand your options with ease and precision.
Further Reading
Title | Short Summary |
|---|---|
ATO's Directors Penalty Notice Information | An explanation of the Director Penalty Regime, how directors can become personally liable for unpaid company tax debts, and why acting early matters. |
AFSA's Guide on Personal Bankruptcy and Company Liquidation | This guide, created jointly by AFSA in collaboration with ASIC and ARITA, offers essential insights into how personal bankruptcy and company liquidation interact. |
AFSA's Dealing with Debt | AFSA provides strategies and insights for small businesses grappling with debt management and the implications of bankruptcy. |
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