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