Financial stress
Occasionally, business events spiral out of control and leave you feeling helpless. Debts may be mounting while income has possibly halted and you are desperately seeking the best way forward for yourself and your business.
Are you struggling to repay your debts? Have creditors taken legal action against your business? Are you having trouble keeping up with your employees’ wages and super payments?
Regardless of the circumstance, financial stress is painful and can lead to feelings of guilt and embarrassment. You may be concerned about personal guarantees, the risk of losing your home and the future of your family and business.
At this time of vulnerability, other advisors may offer advice that seems too good to be true or tell you to avoid creditors completely. We help you consider all options and consequences before advising you on the most appropriate action.
Across decades of successful insolvency and recovery practice, we have helped countless individuals, family-owned businesses, small to medium businesses, incorporated associations, not for profit organisations, professional advisors and their clients solve a range of problems and move forward from their financial stress.
When should you seek financial advice?
Debt concerns
Assistance with creditors, suppliers, banks or landlords seeking debt repayments, including demands from solicitors and debt collectors.
Disputes
Advice on disputes with co-directors, shareholders or business partners or legal action against you and your business.
Overdue tax debts
Assistance in dealing with the ATO and responding to Director Penalty Notices, Garnishee Notices and demands.
Overdue employee entitlements
Assistance and advice for addressing outstanding employee entitlements, including superannuation.
General advice
Assistance and advice for individuals who are concerned about the impact of insolvency on themselves, their businesses or their family.
Turnaround, restructuring or Safe Harbour plans
Advice on informal turnaround and restructuring options or formal Safe Harbour restructuring plans.
We can assist you with:
- Informal negotiations with your creditors
- Informal arrangements to pay or retire debt
- Informal turnaround and restructuring plans
- Formal Safe Harbour restructuring plans
- Liquidations
- Voluntary administrations
- Receiverships
- Bankruptcy
- Personal insolvency arrangements
Pitcher Partners has helped financially distressed businesses and individuals for over 30 years. We are committed to acting with integrity and our solutions are built on ethical, legal, and honest foundations. While some advisors may push you towards risky or unlawful options, our approach upholds the highest legal and ethical standards, ultimately helping you and your business in the long term.
It costs nothing to speak to us about your problem. Take the first step in overcoming your financial stress and arrange a free initial consultation with one of our experienced advisors.
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