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Visit our dedicated small business restructuring site for small business owners facing financial distress.
Debt agreements offer a glimmer of hope for sole traders and partnerships, presenting a flexible raft to navigate the choppy waters of debt settlement before the storm of bankruptcy hits. This option hinges on most of your creditors agreeing to your proposed terms, a negotiation akin to finding safe passage through a treacherous strait.
Further Reading
Title | Short Summary |
|---|---|
ATO's Directors Penalty Notice Information | |
AFSA's Dealing with Debt | A guiding service offering free financial counselling for small businesses in hardship, helping navigate debt and cash flow troubles. |
Deciphering A Credit Report | It also has a downloadable form ADVISE OF TAX RETURN if you choose to use an OFFICIAL TRUSTEE as your trustee. |
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