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Information about insolvency for creditors, employees and shareholders



Your rights and entitlements if a company is insolvent
Company directors' obligations about insolvency
Find out if a liquidator is registered
Insolvency and Trustee Service Australia

Your rights and entitlements if a company is insolvent
If you're a creditor, employee or shareholder who's affected by a company's insolvency, find out about your rights and entitlements by reading our insolvency information sheets. These will give you a basic understanding of the three most common company insolvency procedures: voluntary administration, liquidation, and receivership.


Company directors' obligations about insolvency
Company directors must ensure that their company is solvent, ie that it can pay its debts as they fall due. Find out more on FIDO, our website for investors and consumers

Find out if a liquidator is registered
Liquidators must be registered with ASIC. Find out if a company liquidator is registered by searching our database.

Insolvency and Trustee Service Australia (ITSA)
The
Insolvency and Trustee Service Australia is the government agency responsible for the administration and regulation of the personal insolvency system in Australia. ITSA operates the bankruptcy registry, where debtors petitions are lodged, debt agreement proposals are processed and public records on insolvency are maintained.

More information about insolvency for directors
Media releases on insolvency


This is Information Sheet 39 (INFO 39). Information sheets provide concise guidance on a specific process or compliance issue or an overview of detailed guidance.


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