Bankruptcy & insolvency Law

Our experienced team has acted for both corporations and individuals in a range of bankruptcy and insolvency matters. Personal bankruptcy has significant consequences and it is important to seek legal advice as soon as possible.

Insolvency occurs when a company is unable to pay its debts when they fall due for payment. We can assist corporations with providing ‘safe harbour’ advice with the aim of protecting the company from liquidation or administration. Section 588GA of the Corporations Act (Cth) allows for a ‘safe harbour’ defence against insolvent trading claims for company directors. There are generally time limitations for bankruptcy and insolvency matters and it is important to seek legal advice without delay.

Buckley Lawyers regularly advises on the following areas:

• Statutory demands and legal advice
• Enforcing a debt or judgment
• Debt agreements
• Bankruptcy notices and advice
• Creditors petitions and claims
• Creditor’s statutory demands
• Setting aside statutory demands
• Stay applications
• Negotiating with creditors
• Seeking Garnishee orders
• Winding up and a company
• Debt recovery and enforcements
• Legal advice in relation to personal insolvency
• Legal advice in relation to company bankruptcy
• Safe harbour advice

We have access to highly experienced Commercial Law Barristers, and our professional network ensures you are provided with sound advice and representation throughout the whole process.