Cameron Whinnett Practical Pathways Series: Using a Members Voluntary Liquidation to Close a Solvent Company Not every business ends because of financial distress. Many businesses reach a natural endpoint, whether due to retirement, succession, restructuring, or a strategic decision to stop trading. When a c...
Cameron Whinnett Practical Pathways Series: Making a Part 9 Debt Agreement proposal as a Pathway Out of Personal Financial Distress When debts start to build and repayments become unmanageable, many people fear that bankruptcy is the only way out. For individuals with modest debt levels and limited income, a Debt Agreement, common...
Cameron Whinnett Practical Pathways Series: Making a Part 10 PIA as a Pathway Out of Personal Financial Distress When personal debt becomes unmanageable, most people assume bankruptcy is the only formal way out. In reality, there is another pathway available for individuals with higher incomes, valuable assets, ...
Cameron Whinnett Practical Pathways Series: Bankruptcy as a Pathway Out of Personal Financial Distress When debt becomes overwhelming and there is no realistic way to repay it, bankruptcy becomes one of the most structured and protective options available. It is a formal legal process designed to give ...
Cameron Whinnett Practical Pathways Series: Controlling an Exit using a Voluntary Administration When a business becomes insolvent or faces severe financial pressure, directors often feel like they are running out of time and out of options. A Voluntary Administration (VA) is one of the most powe...
Cameron Whinnett Practical Pathways Series: Controlling an Exit using a Creditor's Voluntary Liquidation When a business reaches the point where it can no longer continue trading, a Creditor’s Voluntary Liquidation (CVL) becomes one of the main formal pathways for an orderly exit. It is a structured way ...
Cameron Whinnett Practical Pathways Series: Controlling an Exit using an SBR and MVL One of the safest and most controlled pathways to exit a business is the combination of a Small Business Restructure (SBR) followed by a Members Voluntary Liquidation (MVL). This pathway provides a st...