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Top services offered by insolvency law firms in Preston, 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 Preston, VIC

min rate $109 - $796 max rate







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

ABN: 89150315067

Insolvency

9.4 km from Preston

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

Furstenberg Law
Furstenberg Law

ABN: 50625196956

Legal

9.4 km from Preston

As criminal defence lawyers, it it our priority to provide our clients specialised and personalised representation before the courts. There are various criminal defences that may be used to fight criminal charges. Depending on the circumstances surrounding an alleged offending, a lawyer can evaluate your case and identify just the right defences that can be used in order to achieve the best outcome in court. Charges are Statute Barred The accused may raise the defence of charges being statute barred if the accused was charged already after a certain time limit. Depending on the statute or law for a specific offence, it’s possible that charging an accused for a certain offence may no more be allowed if a certain period has already passed.

Perry Thomas Lawyers
Perry Thomas Lawyers

ABN: 15519207063

Legal

9.4 km from Preston

Perry Thomas Layers are Expert Building and Construction Lawyers assisting clients in residential, commercial and industrial construction law matters. Our firm provides efficient, pragmatic and commercially astute advice to simplify the onerous and often complex pathways that arise during building projects. We regularly advise work with construction companies, sub-contractors, engineers, architects, builders and owners to guide our clients through projects. Please do not hesitate to contact us to discuss how we may be able to assist you.

Australian Skilled Migraiton
Australian Skilled Migraiton

ABN: 19 104 131 302

Legal

9.4 km from Preston

Australian Skilled Migration is Australia’s leading team of Registered Migration Agents and can assist with all of your migration needs. We specialise in Employer sponsored temporary and permanent visas for Australian businesses, Skilled visas for individuals, temporary to permanent transitional visas, Spouse visas and Family visas. However, our team of experienced agents can assist with any visa or immigration matter. Our Registered Agents operate according to the highest possible professional standard set by a strict Code of Conduct, so you can be sure that with Australian Skilled Migration you will be getting the most ethical and confidential migration service. Established in 2009, Australian Skilled Migration is a privately owned migration organisation with a team of experienced MARA registered migration consultants and is becoming one of Australia’s most reputable migration agencies.

Divorce Lawyers Melbourne
Divorce Lawyers Melbourne

ABN: 83759718519

Legal

9.4 km from Preston

Are you looking for an adviser to get a way of commitment? We have a range of divorce lawyers Melbourne who can guide you with the life problems. We’ve the best separation lawyers Melbourne to complete the activity rightly. The best divorce lawyers Melbourne can help you with sorting the issue with spouse. We also have family law solicitors Melbourne who can guide you throughout the process. You can call us at (03) 9320 3900. Welcome to CCfam Law for the best family lawyers in Melbourne to do the job. We are family law firm Melbourne based company that can advise you on the method of dispute resolution which can be the best suit for all your needs. We are oriented with the services that our clients want and need to achieve. You can meet our top family lawyers Melbourne by calling us on (03) 9320 3900.

Acorn Trade Mark Attorneys
Acorn Trade Mark Attorneys

ABN: 68623169148

Legal

9.4 km from Preston

Acorn Trade Mark Attorneys are Australia's specialist in trade mark advice for small and medium businesses. In particular, we're able to help you trade mark searches and trade mark registration. We also advise on trade mark infringement and enforcement matters. In addition, we can assist with intellectual property strategy, including the commercialisation of your IP. As fellow small business people, we understand the challenges you face when registering a trade mark in Australia. We know that you probably don’t have the time or background to do your own legal work, and can’t really afford traditional Big Law overheads billed in six-minute increments. We're happy to 'meet' by phone or Skype, so you don't have to take time away from your own office to see us in person. And, because we have experience in start-ups and small business, we know a company has different needs throughout its life cycle. Let us take the uncertainty out of registering a trade mark in Australia.

Doogue + George Defence Lawyers
Doogue + George Defence Lawyers

ABN: 16 161 894 122

Legal

9.4 km from Preston

Melbourne Criminal Lawyers specialising in criminal law cases and defence for all charges including traffic offences, drink driving, sexual offences, drugs, assault, fraud and corporate crime. Our criminal lawyers appear in all Victorian Courts for clients pleading guilty or not guilty. We have five offices in Melbourne’s busiest Court precincts. Among our experienced team of criminal defence solicitors, eight are Law Institute Accredited Specialist Criminal Lawyers. Experts in defence, jury trials, appeals, contested matters, pleas of guilty, bail applications, breach proceedings, and other criminal legal processes, Doogue O’Brien George will handle your case with determination and fight for your rights, helping you achieve the best result possible.

SeekVisa Migration Agents and Immigration Lawyers
SeekVisa Migration Agents and Immigration Lawyers

ABN: 85608349097

Legal

9.4 km from Preston

We are Migration Agents and Immigration Lawyers based in Melbourne specialising in ENS visa, 494 regional visa , TSS Visa, Partner Visa, Business and Investment Visas, Employer Sponsored Visas, Visa Refusals and Appeals. As registered migration agents we provide professional visa and migration services. Australian Migration Agents and Consultants in Melbourne. SeekVisa is a professional immigration consulting firm operated by registered migration agents and lawyers and members in good standings with the Migration Agents Registration Authority (MARA). Our office in Canberra, Australia’s capital can provide you with all Immigration and visa services including: skilled visas, partner/defacto visa, parent visas, business visas, student visa, employer sponsored visas (ENS), regional employer sponsored visa, 457 visa and TSS visa We also assist clients with all other immigration matters, including visa refusal appeals.

Aussizz Migration Agents & Education Consultants In  Melbourne - Aussizz Group
Aussizz Migration Agents & Education Consultants In Melbourne - Aussizz Group

ABN: 64149610293

Legal

9.4 km from Preston

Aussizz Group – Immigration Agents and Education Consultants facilitate the needs of thousands of individuals with immigration and education services in Melbourne. It has fulfilled the aspirations of many students—from offering PTE-A Coaching, NAATI CCL Online Coaching to OSHC (Overseas Students Health Cover). Over the years, it has emerged as a successful player in the immigration sector, thereby, serving interests of over 3500 immigrants and 3000 students. The Group keeps you updated about the current changes witnessed in the immigration industry. Besides, you can get counselling for onshore international students who want to change their college or university.

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Insolvency Lawyers in Preston

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.