Regrettably, hard-working people in Sydney are often unwilling to admit that they need professional help to overcome their debt problems. This is because bankruptcy in Sydney is often seen as inherently undesirable and perhaps even tantamount to failure. However, at Bankruptcy Sydney we know that this could not be further from the truth. Our wealth of experience with helping regular Australians through the process of bankruptcy has allowed us the professional insight to recognise that bankruptcy saves lives. And it can save yours too.
Bankruptcy is a process that will help the indebted residents of Sydney to overcome their debt. Bankruptcy is not something to be feared and will not hurt you. In fact, a professional, inexpensive bankruptcy procedure from Bankruptcy Sydney is the sure-fire way to permanently end your financial difficulties and secure a more prosperous financial future. At Bankruptcy Sydney, we have helped hundreds of everyday Australians to develop and apply intelligent, effectual and affordable strategies for debt relief through bankruptcy and its alternatives. Don’t be scared of bankruptcy; it can help you. Speak to the professionals at Bankruptcy Sydney today and discover the myriad ways that we can solve your debt problems at the lowest prices in the country.

What We Can Do

Bankruptcy Sydney is able to provide unbeatable prices for high-quality insolvency services. With the resources and facilities and professional insolvency experts, Bankruptcy Sydney are able to better apply their veritable wealth of experience to resolving your debts troubles in minimal time, at minimal cost and with maximum efficacy. At Bankruptcy Sydney, we dedicate ourselves to helping the people of Sydney conquer their debts once and for all at the lowest prices in Australia.

Bankruptcy Sydney offers a wide range of affordable, effective alternatives to bankruptcy that will provide a less restrictive avenue for debt relief
While we implore the residents of Sydney to view bankruptcy as an inherently helpful process and not something to be feared, at Bankruptcy Sydney we still respect our clients’ desires to avoid a formal bankruptcy procedure when and wherever possible. That is why Bankruptcy Sydney offers a wide range of affordable, effective alternatives to bankruptcy that will provide a less restrictive avenue for debt relief for certain clients whose specific circumstances facilitate doing so. It is worth noting at this point that in some situations a formal bankruptcy procedure may be inevitable, but you can rest assured that whenever possible our insolvency experts will work closely with you to formulate a solution to your debts that will avoid bankruptcy. So, if solving your debt problems requires bankruptcy, then Bankruptcy Sydney will ensure your procedure runs smoothly and inexpensively; however, if there is any chance for you to avoid formal bankruptcy, then our insolvency experts will guide you through the implementation of effective alternatives that can include Part IX Debt Agreements, Part X Personal Insolvency Agreements and Section 73 Proposals.

The first alternative to formal bankruptcy that Bankruptcy Sydney can often offer our clients is known as a Debt Agreement, which is outlined under Part IX of the Bankruptcy Act. A Debt Agreement is a viable alternative to bankruptcy available to our clients in Sydney who desire it and have sufficient assets remaining (or only small amounts of outstanding debt) to facilitate this option. Put simply, a Debt Agreement is an arrangement between you and your creditors for the settlement of your debts either as manageable instalments (usually over a 3-5 year period) or as one lump-sum that is less than the total amount payable but still satisfactory to your creditors (e.g. you might pay 80 cents on every dollar outstanding). Generally, Debt Agreements are available to Bankruptcy Sydney clients who are insolvent, but have not previously been bankrupt or subject to similar arrangements.

Another common alternative to bankruptcy that we can potentially offer our clients in Sydney is what’s called a Personal Insolvency Agreement (PIA). A PIA is governed by the legislative stipulations of Part X of the Bankruptcy Act and performs a similar function to the Debt Agreements mentioned above. PIAs also allow clients of Bankruptcy Sydney to settle outstanding liabilities in manageable instalments or a lump-sum of lesser value; however, PIAs differ from Debt Agreements in that they pertain to larger amounts of debt, so require the appointment of a qualified trustee to supervise the collation and distribution of assets under the agreement. At Bankruptcy Sydney, we have worked hard to develop close working relationships with the most eminent and experienced trustees in the country, which allows us to assign our clients trustees that we know will professionally oversee their terms of settlement while still maintaining our pledge to represent only your best interests at all times. Finally, it needs to be mentioned that there are certain detriments and ramifications to entering into a PIA, so before considering taking this option it is very important that you speak to the insolvency experts at Bankruptcy Sydney.

While Bankruptcy Sydney will always attempt to find our clients a viable alternative to bankruptcy, it is an unfortunate fact that sometimes a client’s financial state of affairs will make bankruptcy inevitable. This is nothing to stress about: remember that bankruptcy is a process to help the people of Sydney, not hurt them. If bankruptcy is necessary for your specific circumstances, this period will generally last for three years; however, there is one final alternative to full-blown bankruptcy that Bankruptcy Sydney can provide; this is known as a Section 73 Proposal. With a Section 73 Proposal, clients of Bankruptcy Sydney are often able to annul their bankruptcy significantly earlier than expected. This allows for all of the positive effects of bankruptcy, while minimising a number of the detrimental ones. Through professional, affordable services for Section 73 Proposals, Bankruptcy Sydney could see your bankruptcy finished in mere months instead of the usual three years. No matter how dire your financial difficulties may seem, there is always an intelligent, professional and, above all else, inexpensive solution that can be applied by Bankruptcy Sydney.

At Bankruptcy Sydney, our insolvency experts have combined decades of experience with implementing professional services such as bankruptcy and its alternatives to help the residents of Sydney conquer their financial difficulties once and for all. No matter how overwhelming your debts may seem, no matter how complex your circumstances, Bankruptcy Sydney has the necessary skills, resources and experience to resolve your debt issues with extreme efficacy and at the lowest prices in Australia. We pride ourselves on our ability to help everyday Australians in Sydney see the end of their debts and the beginning of a prosperous commercial future.

Put an end to the pile up of debt and hear the last of your creditors’ demands. Bankruptcy Sydney can end your debt with minimal cost and maximum efficacy. Speak to the insolvency experts at Bankruptcy Sydney today and you’ll soon discover the myriad ways in which we can apply professional, affordable solutions to ending your financial difficulties. At Bankruptcy Sydney, we will keep your creditors at bay while we apply intelligent, established strategies for settling your debts and securing your future.

Bankruptcy Sydney is a Sydney based company. We only provide our professional services to the residents of Sydney and we only operate in the Sydney area, meaning that we have true understanding of the business drivers and pitfalls that can lead to financial difficulty in Sydney and the best ways to remedy them. Bankruptcy Sydney is able to help the people of Sydney better than any other company, because we live and conduct business in the same city that you do. We also have the advantage of access to the resources and connections of a nationwide corporation, which we can then apply to the benefit of our clients’ bankruptcy proceedings in Sydney.

At Bankruptcy Sydney, we understand that personal insolvency can be a daunting prospect. However, we have seen from our years of experience that addressing these issues is always the better option than doing nothing. Bankruptcy Sydney makes it our objective to work closely with you to spot issues, risks and remedies in order to handle your personal insolvency as cost-effectively and professionally as possible in order to realise the full benefit to all relevant stakeholders and your future commercial dealings in Sydney.