Is your company in serious financial trouble? Don’t panic too much – you’re not alone. COVID-19 has had an enormous impact upon our community over the past few months, as our government has taken actions to stop the spread and flatten the curve. But, with these mandated lock-downs forcing all non-essential services to temporarily close, and social distancing measures preventing people from leaving their homes, Canberra’s businesses have suffered a blow. And this is where insolvency and liquidation services come in.
If you need to resolve an immense debt problem, you may benefit from contacting one of the businesses listed in this article. After consulting local feedback, we’ve come up with three financial and business services that can help you navigate the often complex process of insolvency or liquidation.
What makes a quality insolvency and liquidation service?
Embarking on the insolvency or liquidation journey can be daunting. You need 100 per cent confidence in the advisor you work with. That way, you can have peace of mind you will receive the best advice.
We suggest keeping an eye out for the following traits:
- Experience. There are many factors that go into the insolvency or liquidation process. Registered liquidators with extensive experience have seen it all and can help you achieve optimal results.
- Expertise. The liquidator you appoint should know the ins and outs of the insolvency and liquidation process. There should be no guesswork and they should be up-to-date with rules regarding your rights and responsibilities.
- An eye for detail. The best liquidators in the business have an incredible eye for detail. They can help you achieve the best possible outcome by examining the specifics.
- Understanding. Going through an insolvency or liquidation is no walk in the park. Facing financial hardship – for whatever reason – can cause serious stress. You need someone who is understanding and can guide you through the process.
The top insolvency and liquidation services in Canberra according to you
RiotACT’s editorial team has combed through 19 years of on-site comments to compile a list of the most recommended businesses according to you.
To be listed in our Best of Canberra series, each business needs to have consistently received positive feedback on RiotACT and Facebook as well as maintaining a minimum average of 4/5 stars on Google.
After conducting some local research, we’ve come up with this list of the top insolvency and liquidation services in Canberra. Here they are.
With more than 95 years of industry experience and over 30 offices throughout the country, RSM is a leading professional services firm. RSM is home to a dedicated Restructuring and Recovery team, lead by Frank Lo Pilato and Jonathon Colbran in Canberra that works closely with clients undergoing bankruptcy, liquidation, insolvency, independent business viability assessment, and more.
RSM is Canberra’s largest and most experienced team of liquidators, dedicated to forging meaningful and long-lasting client relationships, the team at RSM can assist you with a solution to all your insolvency, liquidation or voluntary administration services – whatever your business situation. That way, you can be confident in the outcome you achieve.
Whilst insolvency and liquidation can be a deeply stressful, personal matter, the experienced team at Kamy Saeedi Law (KSL) is here to guide you through the process professionally and compassionately. KSL has been fighting for businesses in the ACT and NSW for over a decade, so you know you’re in very capable hands.
Recognising that no two cases are the same, and that what’s best for you is of the utmost importance, the lawyers at KSL have a core dedication to listen carefully to your issues and to always prioritise your best interests. The whole team across KSL is widely experienced and talented, but it’s the competent and dedicated lawyers who work in KSL’s commercial litigation team that are here to guide you through the difficult and stressful process of insolvency and liquidation.
KSL also takes great pride in their excellent client services. They recognise the financial stress of any legal proceeding, particularly when it comes to insolvency and liquidation. As such, KSL promise to provide their clients with regularly updated and detailed cost estimates as the matter progresses. Additionally, KSL has a 24-hour emergency contact number so you know that you are never without help when you have KSL in your corner.
Emergency After Hours Contact: 1800 531 467
Insolvency Guardian is a specialist insolvency firm that services clients across Australia. The firm has been in business for seven years and is now the country’s fastest-growing insolvency group. Committed to integrity, honesty, and transparency, Insolvency Guardian offers affordable rates and excellent results.
If you are feeling like you are entirely suffocated by your debt, the team at Bankruptcy Experts Canberra can help. Offering a free consultation and a 100 per cent money back guarantee, it’s easy to find out whether or not Bankruptcy Experts Canberra’s insolvency and liquidation services are right for you.
Your experience with insolvency and liquidation services in Canberra
Thanks to our commenters who have provided insightful feedback, if you believe we have got it wrong, please let us know.
Have you gone through the insolvency or liquidation process in Canberra? Did you work with a professional services firm? Share your experience below.