Company ‘wind-up’, otherwise known as company liquidation, involves ceasing a company’s operations after it becomes unable to repay its debts as they fall due. Whilst there are typically two means by which a business winds up, either voluntarily as decided…

Are you considering applying for a Personal Insolvency Agreement with your creditors? Previously, the only option people had if they could not pay off all their debts was to apply for bankruptcy. Nowadays however, an initiative made by the Australian…

The majority of personal insolvencies in Australia are caused by non-business related debt. In fact, according to the Australian Financial Security Authority, 81% of debtors who declared personal insolvency last year claimed non-business related activities as the major factor. The…

Company insolvency is a serious issue that can have devastating consequences for the firm and its directors and employees. It is therefore important to act quickly at the first signs of trouble and seek the advice of a professional and…

Australian Insolvency Services (AIS) is an insolvency agency that specialises in providing both corporate and personal debt advice and services. Our team are fully licensed and qualified to help those who are concerned with their personal or business finances. At…