Administrator, Liquidator & Trustee Services - Canberra Lawyers

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Testimonials

Alison recently acted for me with respect to a complex personal injury matter resulting from prolonged sexual harassment within the workplace.

Alison understood the impact of these events on my life from the outset, in some ways before I had even had the chance to come to terms with what had happened to me. Her clarity allowed me to focus on my treatment while she pursued legal action on my behalf. She believed in me when I doubted myself and reassured me when I felt I was not strong enough to keep on fighting.

I never felt judged by Alison or her team. I felt heard and cared for. The complexities of the case were always presented to me in an straightforward manner and I had trust that where there were risks for my case, that these would be explained carefully to me so as to give me the opportunity to decide on the best path forward with the backing of my expert team.

Personal Injury Client

I engaged Chamberlains Law Firm on the recommendation of my financial planner. Antonia Tahhan was professional, responsive and completed the advise on budget/ on time but more importantly provided clear legal advise and then followed this with a phone call explaining the advise. I have no hesitation recommending Chamberlains Law as your legal representatives.

Workplace Law Client

There are not enough stars for me to rate Jasmin Mantoufeh and Chamberlains Law Firm! Jasmin went above and beyond for me and I am so grateful to have her in my corner! From our first meeting, Jasmin took carriage of my case and her personal attention to me was amazing. I will most certainly refer and if I ever need a lawyer again, Jasmin is the person I will call!

Workplace Law Client

I cannot thank you enough for your professional and empathetic approach making it as smooth and seamless as possible during the mediation. You have all dealt with my ups and downs during the process and the level of detail, care and kindness from you all is appreciated more than I can express.

Family Law Client

You have given me the chance of a fresh start that I didn’t think I’d ever have again to be honest. You literally changed my life and I’ll never be able to thank you enough. Just wanted to let you know how much I sincerely appreciate all your help and hard work.

Compensation Client

The team at Chamberlains made buying a property extremely easy, I never once experienced the stress people talk about during the exchange/settlement periods of their property. Definitely recommend!

Conveyancing Client

The debt recovery team went above and beyond when our business was owed money. Would use again for sure!

Insurance Client

We picked the most highly specialised and talented lawyers.

Even with the best of intentions, there may come a time when a business simply can’t afford to keep operating. Accompanying the personal and financial stress of this time is the need to confront what seems like a tsunami of complex legalities.

Chamberlains are experts when it comes to insolvency and reconstruction matters.

Whether you are a business owner, creditor, shareholder or insolvency practitioner, we offer you direct, realistic and practical advice designed to give you a sensible business solution.

 

Process - what happens next?

Initial case evaluation

After an initial briefing of your matter, we will provide you with a preliminary quote.

Consultation

We look into all aspects of your matter and suggest the most viable path for you.

Case management

The Chamberlains team will work tirelessly to reach the best possible outcome for you.

Find us.
Canberra

Canberra

Level 8 , 224 Bunda Street,
Canberra ACT 2601,
Australia

Level 8
224 Bunda Street
Canberra ACT 2601

GPO Box 303
Canberra ACT 2601

P +61 2 6188 3600
E hello@chamberlains.com.au

Services

Public Examinations

Often the picture painted by an insolvent company/bankrupt’s financial records is somewhat fuzzy. Large cash withdrawals, suspicious property transactions, or perhaps the complete lack of financial records for a certain period might leave you stumped as to what transpired during the relation back period.

Luckily, our insolvency law experts specialise in public examinations. We pride ourselves on being able to dig down into the details and to bring out the truth in the Court room (with the added bonus of turning up the heat on any ne’er-do-wells).

Voidable Transactions & Equity Claims

When it comes time to claw back company/bankrupt estate assets from third parties, or assert an equitable interest over a property, there’s no better team to have in your corner than Chamberlains. We have vast experience in running claims under the Corporations Act and Bankruptcy Act, including for:

  • Unfair preferences
  • Uncommercial transactions
  • Unfair loans
  • Unreasonable director-related transactions
  • Transfers to defeat/defraud creditors
  • Related-party transactions
  • Related-party benefits
  • Transactions for consideration to a third party

Great firm to work with. Stipe and the team are knowledgeable and highly professional.

Shelley B.

Director Breach Claims

Not all business failures are the result of innocent or well-meaning management. Conflicts of interest, carelessness, negligence, and insolvent trading often play a role in the collapse of a business and the potentially staggering debt left behind. When you suspect improper conduct on the part of a company officer, we can both advise on any potential breaches as well as run the claim all the way through.

Deeds of Company Arrangement

We all know one of the best outcomes of an administration is allowing the business to survive and continue trading. To that end, we offer a comprehensive set of services to make this process as feasible as possible. From strategic planning, to drafting, to approval, to implementation, we’ve got you covered.

Debt Recovery

Rarely do you find an insolvent company or bankrupt estate without debtors in some form or another. Depending on the nature of the company’s business or the personal circumstances of the bankrupt, these debts may range from numerous small debts, to just a few large ones. Whether it is recalcitrant commercial debtors or directors/family members with personal loans, we can dispatch large volumes of debt recovery actions cheaply and efficiently.

Asset Protection & Securities

When you believe assets that should form part of a company’s assets or a bankrupt estate are in danger of being hidden or disposed of, you need a law firm that can act swiftly to ensure that any judgment you obtain is worth more than just the paper it’s written on. With experience in obtaining freezing orders in a variety of jurisdictions, we can help preserve these assets Australia wide.

Litigation Funding Options

Not all matters are funded equally. Despite your best intentions, often claims that seem like a sure thing just aren’t feasible to pursue. This is where we step in. We use our industry connections to maximise your chances of successfully obtaining sufficient funding to see your matter through to the end. Even when all funding options have been exhausted, we are always open to considering offering our assistance on a speculative basis.

Specialist Services

Family Law, Deceased Estates & Bankruptcy

Unlike many other law firms, we work in a non-siloed way, meaning our insolvency experts work hand-in-hand with our family law and deceased estate experts to provide targeted and efficient advice and representation to you when your bankruptcy matter becomes intermingled with a family law or deceased estate issue.

Whether it is assisting to resolve an estate’s interest in a family law property pool or assisting the administrator of a deceased estate to convert the estate to a bankrupt deceased estate, we are equipped to assist.

FAQs.

  • What is bankruptcy?

    Bankruptcy is a legal process which declares that a person is unable to pay their debts. It can absolve them of most debts and allow the person to have a fresh start. It can be seen as an exchange of a person’s assets and financial control for legal protection from the person’s creditors.

    There are two ways to enter bankruptcy. You can either:

    (a) enter voluntary bankruptcy; or

    (b) someone you owe money to (a creditor) can make you bankrupt through a court process.


  • Who manages my bankruptcy?

    When you become bankrupt, a trustee is appointed to manage your bankruptcy. This can be either:

    (a) the Official Trustee in Bankruptcy of the Australian Financial Security Authority (AFSA); or

    (b) you can nominate a registered trustee of your choice.

    The trustee’s fees are generally paid out of the funds recovered in the administration of the bankruptcy.


  • What happens to my assets?

    An asset is anything of value that you possess, such as real estate, vehicles, cash or money in a bank account and tools.

    During bankruptcy, your trustee may be able to claim and sell some of your assets. The proceeds from the sale of your assets can be used to repay the money that you owe to creditors.


  • What are my options? Do I have other options aside from bankruptcy?

    Bankruptcy is just one formal option available under the Bankruptcy Act to manage your debt. Other formal options include six-month relief and a debt agreement.

    A bankruptcy alternative is a Personal Insolvency Agreement (PIA). A PIA involves the appointment of a trustee to take control of your property and make an offer to your creditors. The offer may be to pay part or all of your debts by instalments or a lump sum. Entering a PIA may have a severe impact on you. It may affect your employment, ability to get credit and will appear on a public register permanently.

    Additionally, a debt agreement (DA) is available pursuant to Part IX of the Act. It is an agreement between the debtor and his or her creditors to compromise by paying a percentage of the debts owed over a period of time.

    You can read our full FAQ here.


Contact us.

Level 8, 224 Bunda Street
Canberra ACT 2601

PO Box 131 Civic Square ACT 2608

P +61 8 9288 4478
E hello@chamberlains.com.au