Robson Cotter Insolvency Group Can Help
We are an independent boutique advisory firm specialising in restructuring of corporates and individuals who are experiencing
We support and engage closely with existing accounting and legal advisers in order to achieve the best results for all stakeholders in circumstances of financial hardship.
We welcome the opportunity to discuss our cost effective and tailored solutions with your accounting or legal advisors, or directly with you.
Armed with a suite of available strategies, we develop a financial restructuring plan and propose mechanisms, supported by a legal framework, which minimise the impact on the key stakeholders involved and provides for optimal outcomes.
Voluntary Administration provides for a flexible mechanism to restructure an organisation with the general view of continuing trade. In
doing so, the future of the organization and all key stakeholders, including creditors and employees, are considered within the
restructuring plan to ensure the greatest benefit to all.
Personal Insolvency Agreements (PIA) under Part X of the Bankruptcy Act 1966 provide a structure where Debtors can formulate a PIA proposal,
for creditors’ consideration, as a mechanism to avoid bankruptcy. These arrangements are initiated with the assistance of a Registered
Trustee, acting in the capacity as a Controlling Trustee.
Dealing with Bill & the team was as pleasant as one would hope for in an unpleasant circumstance that I found myself in as a tradie in early 2017.
Bill gave me a tonne of time & patience throughout the process. He restored confidence in me & my life & yes I was in a dark place. He really did restore my willingness to go on.
Life is certainly better, I have my life back on track, I see my children more, my anxiety & stress has gone & yes Bill I agree; should have done it sooner. Thank you.
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The introduction of a 12 Month Bankruptcy term is part of a Bill which remains before Federal Parliament. 12 Month Bankruptcy is expected to have a significant impact on the current personal insolvency mix and best options available to individuals suffering from financial distress, with a decrease in appeal of Part IX Debt Agreements to be expected, if implemented. The Bill currently remains stalled however and doesn't seem likely to move too far until after the May 2019 Federal election. Read More…
As mentioned in our previous Blog Post, here is our "20/20 Business Health Check" and Decision Chart.
We hope you will find this of value in your end of financial year review processes, and planning for success and prosperity in the coming year.
Dont hesitate to contact Robson Cotter on 07 3270 8500 if you would like to discuss any aspect of the Review, or your business circumstances generally. Read More…
07 3270 8500