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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 |
|---|---|
NSW Government's Business Connect Program | Lifeline provides round-the-clock, empathetic crisis support through various communication channels. |
ATO's Directors Penalty Notice Information | Comprehensive guidance for winding up companies and trusts, detailing voluntary and ASIC-initiated deregistration procedures. |
Small Business Debt Helpline | Mediation services for small businesses in financial strain due to disputes, especially within the building and construction industry. |
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