Step 1: Answer a few questions

Tell us what you need so we can bring you the right pros.

Step 2: Get estimates

Receive up to five proposals from pros who meet your needs.

Step 3: Hire the right pro

Compare quotes, message pros, and hire when ready.

Top services offered by insolvency law firms in Melbourne, VIC

Alternatives to declaring bankruptcy

Alternatives to declaring bankruptcy

Alternative solutions to bankruptcy such as personal debt agreement personal insolvency agreement. 

Bankruptcy

Bankruptcy

Declaring bankruptcy to alleviate pressure from unsecured debts. 

Creditor negotiation

Creditor negotiation

Negotiate a relistic plan with creditors. 

LIquidation

LIquidation

Liquidate your assets to pay your creditors. 

Receivership

Receivership

Secured creditor appoint receiver to release your assets and pay your debts. 

Regulatory protection

Regulatory protection

Temporary relief for financially distressed businesses. 

Voluntary administration

Voluntary administration

Administrator to review and recommend to creditors on how to proceed. 

Average hourly rate for Insolvency Lawyers in Melbourne, VIC

min rate $109 - $796 max rate







Top insolvency law firms in Melbourne
AJH Legal Group
AJH Legal Group

ABN: 89150315067

Insolvency

Melbourne

We are your accredited specialists and expert lawyers – AJH LAWYERS is the only established commercial law firm in Victoria based in the Melbourne CBD, with Law Institute of Victoria accredited specialists in all the areas of Commercial Law, Commercial Litigation and Immigration Law. Contact us today and your confidential enquiry will be directed to the appropriate lawyer for our practice areas including, commercial law, business law, litigation, property and real estate, technology, immigration law, employment law and taxation law and our Melbourne lawyers will speak with you or reply to your email

RRR Lawyers
RRR Lawyers

ABN: 41 452 051 354

Legal

1.7 km from Melbourne

If you have any legal problems related to business or family law, then RRR Lawyers is here to help you. Based in Carlton, Melbourne we have a specialised team of lawyers.

Bayside Solicitors
Bayside Solicitors

ABN: 60 102 235 772

Legal

41.5 km from Melbourne

Solicitors & Barristers. Legal Services. Criminal Defence Frankston, Criminal Lawyer Frankston, Affordable Criminal Defence Frankston, Affordable Criminal Lawyer Frankston,

Lawyers Conveyancing
Lawyers Conveyancing

ABN: 42 395 990 189

Legal

28.9 km from Melbourne

Lawyers Conveyancing (LRE Conveyancing) Lawyers Conveyancing is a business name of Lawyers Real Estate Pty Ltd (ABN 42 395 990 189), a law firm incorporated under the Corporations Act, as provided for in the Legal Profession Act. Lawyers Real Estate Pty Ltd is a law firm. Our constitution states, “The sole object of the Company is to engage in legal practice.” What does this mean in practical terms? It means that we provide consumer protection services for our clients. By providing a full agency service we are able to represent consumers in their dealings with vendors, purchasers, commission estate agents, buyer’s agents, conveyancers, other lawyers, mortgagees, businesses or government departments.

Stidston Warren Lawyers
Stidston Warren Lawyers

ABN: 47 393 218 705

Legal

46.6 km from Melbourne

Our firm has a strong community based client focus, where our client's legal needs are dealt with as a priority. We pride ourselves on being accessible and are able to follow up on your legal needs promptly. Offering a personalised service, advice can be obtained from our male and female lawyers who are astute, sensitive and provide you with a straightforward approach to your particular legal requirements.

Nicholas James Lawyers
Nicholas James Lawyers

ABN: 22 601 167 220

Legal

8.7 km from Melbourne

At Nicholas James Lawyers, our vision is to be recognised as a leading law firm within our community, whilst encompassing our core values of integrity, loyalty, and proficiency. Our mission is to build and sustain quality relationships with our clients by facilitating their success. As an integrated law firm, we provide a broad spectrum of quality legal services delivered with a cost-effective, commercially minded approach. We combine invaluable experience with innovative strategies across a range of practice areas, including property law and conveyancing, business transactions and commercial advisory, litigation and dispute resolution, family law, financial services and intellectual property. What We Do: -Commercial Law - Property Law -Family Law -Banking & Finance -Intellectual Property Law - Civil Litigation

Menzies Advisory
Menzies Advisory

ABN: 36 612 600 049

Legal

7.1 km from Melbourne

Menzies Advisory Liquidation & Receivers are Certified Practicing Accountants and Registered Liquidators with over thirty years’ experience in commerce and insolvency. Company directors, accountants, lawyers and business consultants turn to us for expert, compassionate advice in difficult times. Our professional consultants implement the most practical solutions to meet your complex business and financial issues.

M & G Migration and Visa Services
M & G Migration and Visa Services

ABN: 71 167 256 180

Legal

15.6 km from Melbourne

As a trusted Migration agent we provide expert advice and help our client in applying for Australian visas. We make it our business to ensure that our clients are well informed and empowered to make the right decisions throughout the application process. We specialize in both applications for permanent residents and temporary visas. We specialize on the following visas; - Skilled Migration Visas - Employer Sponsored Visas - Regional Sponsored Visas - Permanent Resident Visas - Parent Visas - Par

457 Australia
457 Australia

ABN: 13 101 197 157

Legal

2.2 km from Melbourne

457 Australia connects employers & overseas workers under the Australian Government’s skilled temporary worker 457 Visa program. For more information visit www.457australia.com.au

VIEW MORE

Insolvency Lawyers in Melbourne

There are a number of services that can assist you if you are facing insolvency. These range from business services that assist your company or personal services to assist you as the business owner.

If you believe you are heading towards insolvency, you are much better off entering voluntary administration at the earliest possible moment.

If you wait until you are ordered into administration you will lose a lot of control over the outcome.

What business insolvency services are available to you?

  • Voluntary administration: if you choose to enter voluntary administration, an administrator will look deeply into your company's financial position and its history. The administrator then makes a recommendation to your creditors about how to proceed. The creditors can decide whether to adopt a Deed of Company Arrangement (if you propose one) or else they can either liquidate your company or return control back to you.
  • Liquidation: if you choose to pay back your creditors by liquidating your company, a liquidator will sell off your assets for the benefit of your creditors. After your company assets are sold, your company will be deregistered and it will no longer exist. The liquidation of an insolvent company must be handled by a Registered Liquidator who is licensed by the Australian Securities and Investments Commission (ASIC).
  • Receivership: your secured creditors may appoint a receiver (or a receiver and manager together) who releases your assets for the benefits of your creditors. This can occur at the same time that your company is in liquidation or voluntary administration, or it can occur separately. Unlike company liquidations, during this time a company with a receivership may continue to trade whilst a plan is worked out to repay the secured creditor.
  • Creditor negotiation: insolvency practitioners can negotiate on your behalf with your creditors in order to create a plan that is realistically achievable. It is in your creditor's best interest to work with you to ensure they receive as much of their credit back as possible.

What personal insolvency services are available?

  • Bankruptcy: is a three-year process designed to provide a fair outcome for all involved if you are unable to pay your debts. Declaring bankruptcy will free you of any unsecured debts that were incurred before your bankruptcy began. There are serious consequences for bankruptcy however, so this should be considered your last resort.
  • Bankruptcy alternatives: considering the serious consequences of bankruptcy, you should always consider the alternatives first. The main two options available to you are:
  • Personal debt agreement: A debt agreement is a legally binding agreement made with your creditors which allows you to negotiate the amount of debt to be repaid and the time given to you to do so. Typically the negotiated sum is lower than your total outstanding debt - the difference is written off.
  • Personal insolvency agreement: A PIA is a legally binding agreement that is similar to a debt agreement. Once approved, a PIA requires you to pay a regular sum for a period of 3 to 5 years until your debt is repaid. The interest on your debts is frozen during this time and a trustee is appointed as the point of contact for your creditors.