Category Archives: Client Cases

Meet The Wilsons

Client Story: Meet the Wilsons. Separation can be a stressful financial time for all parties, especially when in dispute over assets, see how an Statutory Trustee appointment can help.
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Meet Jake

Client Story: Meet Jake. As a twenty-year-old, Jake entered into an investment scheme as recommended by his accountant. Unfortunately, the scheme did not end well and Jake was left with a significant debt which he was unable to pay. Subsequently, the bank which was owed the debt commenced proceedings with the Court and Jake was made bankrupt.
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Meet Rebecca

Client Story: Meet Rebecca. Rebecca, who is working in a high paying job, decided to become bankrupt as she was being chased by several organisations and banks due to no longer being able to make repayments towards her outstanding debts. She also found out that a large bank started proceedings with the Court to have her made bankrupt. As she wanted to do it on her own terms, she decided to lodge a Debtor’s Petition to be able to choose her own bankruptcy trustee.
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Meet Toby

Client Story: Meet Toby. Toby was the Director of a small company that ran two business. One consulting business and one catering service which was managed by his wife. The consulting business lacked cashflow to continue to operate and due to the small size of the business Toby did not generate sufficient financial statements. The ATO lodged a complaint against the company and summoned the company to produce financial statements required to calculate any debts owed to them. Toby was unable to provide these and in turn contacted us for help.
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Meet Karen and Phillip

Client Story: Meet Karen and Phillip Karen and Phillip, both employed, purchased several properties back in 2007, 2008 and 2013 when the property market was booming. When the mortgage repayments exceeded their budget, they tried to sell the properties in 2018 but were unable to make any sales due to the declining property market.
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Meet Michael and Louise

Client Story: Meet Michael and Louise. Michael and Louise contacted us through a friend who we previously helped with some financial difficulties. Michael and Louise were Directors of a successful company which sold cars and car accessories but were unfortunately unable to keep up with repayments of loans and their lease due to poor cash flow. They had the added pressure of paying wages to their seven employees and making repayments to the Australian Taxation Office for their outstanding tax debt.
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