- Level 5, Evandale Place, 142 Bundall Road, Bundall, QLD, Australia
Bankruptcy and Personal Insolvency
Bankruptcy and personal insolvency lawyers Gold Coast
If you require advice on bankruptcy, our team provides assistance across a range of insolvency matters, including alternatives such as personal insolvency agreements.
Facing bankruptcy?
Our bankruptcy lawyers on the Gold Coast provide advice on:
- Negotiating with creditors to avoid bankruptcy
- Alternatives to bankruptcy, including personal insolvency agreements
- Income contribution obligations in bankruptcy
- Which assets may vest in a trustee as divisible property
- Risks arising from transactions entered into before bankruptcy
- What to expect during the bankruptcy process
If you have been made bankrupt, our lawyers can assist in dealing with your trustee and represent you in public examinations if required.
Why choose QBM Lawyers for bankruptcy and insolvency matters
Our bankruptcy and insolvency lawyers act for individuals, creditors and trustees in a range of matters relating to bankruptcy and insolvent estates.
We advise on issues including recovery of property, voidable transactions and claims arising from dealings with a bankrupt individual. We also assist creditors in assessing the risks, costs and outcomes associated with bankruptcy proceedings.
Our team works closely with insolvency practitioners across Queensland and interstate and can provide practical guidance throughout the process.
For enquiries relating to bankruptcy and personal insolvency matters, please contact us on 07 5574 0111 or admin@qbmlaw.com.au.
Insolvency Areas Of Practice
Facing Bankruptcy? Get Early Legal Advice From Gold Coast Insolvency Lawyers
QBM Lawyers advises individuals, creditors and trustees across all aspects of bankruptcy and personal insolvency, including alternatives that may help you avoid formal bankruptcy proceedings.
(07) 5574 0111 | admin@qbmlaw.com.au | Mon – Fri, 08:30 – 17:00
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- 08:30 - 17:00
Frequently Asked Questions
Bankruptcy is a legal process where an individual is unable to pay their debts and their financial affairs are managed by a trustee. The trustee may realise assets and distribute funds to creditors.
Yes, alternatives may include negotiating directly with creditors or entering into a personal insolvency agreement. The appropriate option depends on your financial position and objectives.
Some assets may vest in the trustee and be used to repay creditors. However, certain assets may be protected depending on their nature and value.
In some cases, you may be required to make income contributions if your earnings exceed a certain threshold. This is assessed based on your income during the bankruptcy period.
Yes, transactions entered into before bankruptcy may be reviewed and, in some cases, set aside if they are considered voidable or unfair to creditors.
You should seek legal advice as early as possible. Early guidance can help you understand your options, manage risks and determine the most appropriate course of action.
Frequently Asked Questions
Bankruptcy is a legal process where an individual is unable to pay their debts and their financial affairs are managed by a trustee. The trustee may realise assets and distribute funds to creditors.
Yes, alternatives may include negotiating directly with creditors or entering into a personal insolvency agreement. The appropriate option depends on your financial position and objectives.
Some assets may vest in the trustee and be used to repay creditors. However, certain assets may be protected depending on their nature and value.
In some cases, you may be required to make income contributions if your earnings exceed a certain threshold. This is assessed based on your income during the bankruptcy period.
Yes, transactions entered into before bankruptcy may be reviewed and, in some cases, set aside if they are considered voidable or unfair to creditors.
You should seek legal advice as early as possible. Early guidance can help you understand your options, manage risks and determine the most appropriate course of action.
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Fill Out & Submit The Booking Form
- Building and Construction Litigation
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- Excluded Individual/Licence Cancellation
Liability limited by a scheme approved under Professional Standards Legislation.
©2024 QBM Lawyers. All Rights Reserved
©2024 QBM Lawyers. All Rights Reserved
For over 40 years, QBM Lawyers has delivered effective legal solutions for clients across the Gold Coast.
We understand our clients’ goals, recognise the challenges they face, and provide clear, practical advice to support their commercial objectives.
Contact info
- +61 755 74 2600
- PO Box 6344, Gold Coast Mail Centre, Bundall QLD 9726
- Level 5, Evandale Place, 142 Bundall Road, Bundall, QLD, Australia
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- Building and Construction Litigation
- Gold Coast Building Lawyers
- Excluded Individual/Licence Cancellation
Liability limited by a scheme approved under Professional Standards Legislation.
©2024 QBM Lawyers. All Rights Reserved
- Building and Construction Litigation
- Gold Coast Building Lawyers
- Excluded Individual/Licence Cancellation
Liability limited by a scheme approved under Professional Standards Legislation.
©2024 QBM Lawyers. All Rights Reserved