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

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Sole Trader Bankruptcy in NSW: Complete 2025 Guide by Licensed Trustee

A complete guide to bankruptcy for sole traders in New South Wales, written by licensed bankruptcy trustee Thyge Trafford-Jones. It explains who is affected, how the process works, what happens to assets and income, and the alternatives that may be worth considering before bankruptcy.

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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