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

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Australian Financial Security Authority (AFSA) - Temporary Debt Protection

Temporary relief periods (or temporary debt protection (TDP)) provide a crucial breathing space, akin to finding calm waters amidst a storm. This 21-day grace period, granted in the face of a creditor's court order, allows businesses a moment to restructure their finances and thoroughly consider all available routes to fulfil their obligations.

Further Reading

Title
Short Summary
SBR eBook for Small Business Owners
A plain-English introduction to Small Business Restructuring for business owners: what the process involves, who may be eligible, and how it differs from other options.
AFSA Bankruptcy Search: InfoTrack Tool
A 21-day grace period service providing breathing space for businesses to restructure finances amidst creditor demands.
Guide to Business Restructuring Services in Sydney
An overview of TTJ Advisory's business restructuring services in Sydney: how the firm works with companies in financial difficulty and the formal options that may apply.
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