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Visit our dedicated small business restructuring site for small business owners facing financial distress.
Temporary relief periods (or temporary debt protection (TDP)) provide a crucial breathing space. 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 |
|---|---|
AFSA Bankruptcy Search: InfoTrack Tool | A search tool providing quick and reliable access to bankruptcy records, supporting informed decision-making for individuals and businesses. |
NSW Government's Business Connect Program | Business Connect provides advice for financially challenged businesses, helping identify options and strategies for recovery. |
The Treasury Small Business Guide | Resources and guidance from The Treasury for small businesses, with information on government policies, support programs, and financial management. |
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