Dealing With Debt: how we can HELP YOU

If you need to ask the question "what should I do", please look at the details on this website for Geoffrey McDonald under the heading "Strategic Advice" . We can provide this service, which is often known as "pre-insolvency" advice, but instead you can have the benefit of a professional giving you privileged legal advice. Does your current advisor offer that protection to you? You are about to make one of the most difficult and irreversible decisions in your life, so be sure that you have all the information to be able to make that decision. Don't be pressured into making that decision: pause and reflect for a moment. Make sure that all of the options been presented to you and all of your questions been answered, in writing, so that you are comfortable with your decision. This is what you need and we can assure you that our team at Helping Clients has done this for many years .

Alternatively, if you have decided to make an insolvency appointment, we can lead and guide you through the process. We have a team of consultants, with practical experience, who can stand by your side and help you through the day-to-day dynamics of the process, including negotiating with the External Administrator who effectively represents the creditors and not the directors or debtors.

There are consequences for failing to complete the forms accurately or truthfully. We can help you complete those complicated forms and we know the questions which the liquidator, administrator or trustee will ultimately ask, once they review that form. We know what searches and investigations will be done by your appointee, so we know what they will be looking for. We will quiz you, politely, to test your answers, before the liquidator, administrator or trustee investigates those answers. We can work with your accountant and for a fee estimated at $2,200 minimum or 0.1% of the creditors value, the piece of mind is worth the cost.

Many years ago, there was an expression "friendly liquidator". Yes, a liquidator can be friendly and courteous, but they have a job to do (please look at the details on this website for Geoffrey McDonald under the heading "Liquidator/Receiver/Controller"). If a problem arises, the Liquidator you appoint voluntarily should approach you and your advisors before they take any action, so that you are given the opportunity to explain and avoid any misunderstandings. It was famously said at the Australian Senate Inquiry into Liquidators and Administrators that an external administrator has to swim with the sharks and sometimes they get bitten by the sharks and sometimes they get mistaken for being one.

We have worked with many insolvency firms, as they say, includingbut not limited to;

(to be announced)

You need the money to pay your debts and fix the problems. You know the risks in borrowing more money, but these lenders can accommodate you; short term,bridging, debtor finance, second tier or mezzanine funding. We can assist you in dealing with these financiers, as we have an open line of communication and know that they can be reasonable. Can you say that about all lenders?

Lenders include (to be announced)

We can introduce you to venture capitalists or angel investors. If your business is on the edge, you have to be realistic about your options, but there are investors who are prepared to take a calculated risk.

If you need a trusted and reliable lawyer or solicitor, we can provide a warm referral. If you already have a legal representative, you don't need our recommendation (or do you?)

Credit Managers will be aware of Australian Institute of Credit Management (aicm.com.au) and Australian Credit Forum Inc 

We can help in the preparation of your "Terms of Trade", “Terms and Conditions" or “Policies and Procedures", based on best practice in Australia. Our team has lectured on the subject (see AICM | Credit Symposium)

We can defend creditors from those notorious claims from liquidators known as “preferential Payments". Our team has written articles on the subject (see AICM| The Liquidation of Heavy Plant leasing and how case law is formed )

Have you heard of the free service known as Your Free Credit Score & Credit Report |ClearScore Australia. If you need to clear your credit rating, then there are many companies offering that service, which you can often do yourself, for no cost. But if there is a judgment debt which needs to be settled, there is often legal work to be done.

Debt relief and Debt agreements for consumers; there are many service providers and they will try to help you, but don't hesitate to ask questions of them, in writing.

APPLICATION FOR HELP FORM