Business and Personal Debt Recovery Options

Letters of demand A lawyer’s letter of demand is the first step if you have a debt that is going unpaid. Usually, the cost of issuing such a letter will not be high, however if the debtor disregards the demand you will have to take further action as detailed below....

Estate Planning & Will Preparation – A Checklist

There are many reasons to have a Will in place. Many people are prompted by events such as buying a property, getting married or having children, or getting divorced – all great reasons to have a Will in place. Bear in mind that if you marry, your existing Will...

Bankruptcy or Insolvency Agreements – What Are Your Options?

What are the effects of declaring bankruptcy and when may bankruptcy be the right choice for you? People with large debts which may have been incurred as a result of a failed business venture or due to consumer spending on credit cards do need to consider whether in...

Fiduciary Obligations: The Responsibilities And Duties Of Directors

Directors of companies large and small need to be aware of their fiduciary obligations and duties owed to a company as directors. The Corporations Act 2001 sets out four main duties owed by directors: To act with care and diligence: Section 180 of the Corporations Act...

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