The primary purpose of a Voluntary Administration is to provide a flexible procedure enabling a company time to attempt a compromise or arrangement with its creditors, which may save the company, the business and jobs while maximising the return to creditors.
Voluntary administration isn’t something that you should be handling on your own; our team are ready to help you.
The Voluntary Administration Perth team can walk you through the voluntary administration process today. We can help you to fully understand what is involved in the Voluntary Administration process.
Voluntary Administration is utilised to provide a company with a chance to trade out of its difficulties at a time when the company is unable to pay its debts (i.e. the company is insolvent).
If it transpires that the company cannot formulate a proposal acceptable to creditors, Voluntary Administration can be used to easily and inexpensively wind up the company.
Are you still not sure whether or not you should appoint a Voluntary Administrator?
Our voluntary administration team can help you to comply with the laws surrounding administration, allowing you to avoid incurring penalties.
Our voluntary administration consultants are ready to provide you with assistance; simply pick up the phone and get in touch with us today on 1300 60 70 60