Australia

Whether you are a creditor pursuing monies owed or you are an individual seeking relief from unmanageable debt, William Buck has the capability to advise and act on your available options.

Individuals seeking relief from personal debt must be cautious when it comes to obtaining advice from purported debt solvers as their short and long term financial woes can be exacerbated when presented with limited or poorly constructed solutions. In addition to acting as bankruptcy trustee, our registered trustees conduct the appointment of all forms of personal insolvency administration including those that can help avoid bankruptcy such as the administration of a Part X Personal Insolvency Agreement plus Section 73 Arrangements put forward by current bankrupts to obtain an annulment.

Creditors and lawyers pursuing debts against individuals choose our registered trustees because of our results driven, commercial approach to investigating, identifying and recovering assets that can be realised for the benefit of stakeholders. We leave no stone unturned when it comes to investigations within the scope of the relevant bankruptcy law and with our innovative mindset we can achieve results where others fail.

Our registered trustees are highly experienced and supported by a team of dedicated practitioners to explore and achieve the best possible outcome in personal insolvency related matters. Utilising William Buck’s extensive skills and resources within Australia and overseas we regularly conduct the administration of small to complex insolvent estates with care and efficiency.

Bankruptcy and personal insolvency Specialists

Latest insights from our Restructuring & Insolvency team

Canberra to consult on the treatment of corporate trusts under insolvency law
24 November 2021 | Minutes to read: 2

Canberra to consult on the treatment of corporate trusts under insolvency law

Australia’s current insolvency law does not clearly address the treatment of corporate trusts which are commonly used...
Directors beware – or face potential criminal charges and ASIC banning orders
11 November 2021 | Minutes to read: 3

Directors beware – or face potential criminal charges and ASIC banning orders

In a strong warning to company directors over the past four weeks, Australia’s corporate watchdog has issued...
Are your directors ready to apply for their Director Identification Numbers?
2 November 2021 | Minutes to read: 3

Are your directors ready to apply for their Director Identification Numbers?

As a CFO, regulatory and risk management responsibilities are an increasing focus, with Boards relying on you...
Safe harbour review: ARITA’s recommendations
20 October 2021 | Minutes to read: 3

Safe harbour review: ARITA’s recommendations

In response to Treasurer Frydenberg’s announcement in May of the government’s intentions to reform Australia’s insolvency framework...
How to detect and prevent employee fraud in the ‘new normal’
23 August 2021 | Minutes to read: 5

How to detect and prevent employee fraud in the ‘new normal’

This article is authored by Cameron Johnstone, Dominic Molluso and Sean Wengel. Employee fraud is all too...
ASIC bans send warning to directors
10 February 2021 | Minutes to read: 2

ASIC bans send warning to directors

The first few weeks of February 2021 saw the Australian Securities and Investments Commission (ASIC) disqualify three...

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