1 local business
Find an insolvency practitioner in Wollongong or across the Illawarra for small business restructuring, voluntary administration, liquidation, safe harbour advice and personal insolvency. Compare local firms and contact them directly.
If your business is struggling to pay debts as they fall due, getting advice early gives you the most options. A registered liquidator or trustee can explain whether a turnaround, small business restructuring plan or voluntary administration could save the business, and what your duties are as a director.
Insolvency firms also help individuals facing unmanageable personal debt, explaining alternatives to bankruptcy, and support creditors who are owed money by a failing company. An initial conversation is usually confidential, and many firms offer it free of charge.
Ask whether the practitioner is a registered liquidator or trustee, what options suit your situation, how fees are calculated and approved, and how long each process usually takes. Bring recent financial statements, a list of creditors and any letters of demand so they can give you clear advice.
