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Manage an insolvency or bankruptcy issue
Expert insolvency and bankruptcy advice for debtors, creditors, and practitioners
Understand your options
Get clear advice on every option available to you as a debtor or creditor before making any decisions that could affect your legal position.
Protect your position
Take the right steps at the right time as a director, creditor, or practitioner to limit your liability and maximise your recovery.
Resolve efficiently
Move through the insolvency process with experienced legal support so matters are resolved as quickly and cost-effectively as possible.
When you work with us, you will have a clear understanding of your rights and obligations and a strategy designed to achieve the best available outcome.
How we can help
Manage corporate insolvency issues
Resolve personal bankruptcy
Issue a statutory demand
Wind up a company as a creditor
Bankrupt a person as a creditor
Respond to a preference claim
Advice to trustee of a bankrupt estate
Act as liquidator of a company
Collect debts from an insolvent debtor
Assist a liquidator of a company
Why acting early in an insolvency situation is critical
Insolvency law rewards those who act early and punishes those who delay. For directors, the moment a company becomes insolvent triggers legal duties that, if ignored, can result in personal liability for company debts. The safe harbour provisions offer real protection, but only if directors take qualifying steps before the situation deteriorates beyond recovery.
For creditors, early action often determines whether you recover anything at all. Assets can be dissipated quickly once a company or individual is in financial difficulty. Statutory demands, garnishee orders, and bankruptcy applications all have procedural requirements that must be followed precisely, and missing a step can result in the action failing entirely.
At ADLV Law, our insolvency lawyers have over 25 years of experience advising debtors, creditors, and insolvency practitioners across both corporate and personal insolvency. We understand the urgency that every insolvency situation demands and will move quickly to protect your position.