Knowledge Base
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Factsheets
Personal debt/sole trader debt
Bankruptcy
Director liabilities/duties
Insolvent trading
Director liability for company debts
FAQs
Factsheets
Corporate insolvency
Personal & sole trader insolvency
Insolvency considerations
Thresholds
Personal insolvency
Corporate insolvency
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Knowledge Base
Factsheets
Personal debt/sole trader debt
Bankruptcy
Director liabilities/duties
Insolvent trading
Director liability for company debts
FAQs
Factsheets
Corporate insolvency
Personal & sole trader insolvency
Insolvency considerations
Thresholds
Personal insolvency
Corporate insolvency
Factsheets
These factsheets are a Q&A approach to insolvency topics for both personal and corporate insolvency matters.
Void Transactions in bankruptcy
Corporate insolvency
Small business restructuring: What is this pathway & how does it work?
Simplified liquidation: What is the simplified liquidation process for small business?
Liquidation: What is the process?
Voluntary administration: What is the process?
Director’s liabilities for company debts
Director penalty notices: How a director can be personally liable for certain company tax debts
Safe harbour: Using safe harbour protection to avoid an insolvent trading claim
Deed of Company Arrangement (DOCA): What is the process?
Uncommercial transactions: What is an uncommercial transaction in liquidation?
Preferences in liquidation: What is a preferential payment?
PPSA: What is the Personal Property Securities Act and how does it work?
Insolvent trading: How does a director become liable for insolvent trading?
Members’ voluntary winding up: What is the process for winding up a solvent company?
Dividends: The process for paying creditors in a liquidation
Ending a liquidation
Unreasonable director-related transactions
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Personal & sole trader insolvency
Bankruptcy: What is it & how does it work?
Income contributions: How is income affected during bankruptcy?
Section 73 proposals: What are they & how do they work?
Divisible property in bankruptcy: Which assets/property are realised in bankruptcy?
Discharge & annulment: What's the difference between being discharged from bankruptcy and it being annulled?
Objections to discharge: How a bankruptcy can be extended
Dividends: The process for paying creditors in bankruptcy
Doctrine of exoneration: How it applies in bankruptcy
Voiding superannuation contributions: How does bankruptcy affect superannuation?
Preferences in bankruptcy: What is a preferential payment in bankruptcy?
Part X personal insolvency agreements: What are they & how do they work?
Getting out of bankruptcy: How does a bankruptcy end?
Bankruptcy and the home
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Insolvency considerations
Employee entitlements: How they work in insolvency appointments
Capital gains tax: The impact of insolvency appointments on CGT
Proofs of debt & securities: How do secured creditors make a claim for their debt in insolvency appointments?
Goods & Services Tax: The impact of insolvency appointments on GST
Indicators of insolvency
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