Insolvency & Bankruptcy
Liquidation and Receivership
When a company is unable to meet its financial obligations, liquidation or receivership may be necessary to manage its debts and assets.
Liquidation involves the process of winding up a company’s affairs, selling its assets, and distributing the proceeds to creditors. This can be initiated voluntarily by the company or compulsorily by court order.
Receivership occurs when a receiver is appointed to take control of a company’s assets to repay secured creditors. This process is often used when a company defaults on secured debts.
Our Liquidation and Receivership Services Include:
Voluntary Winding Up
Our Voluntary Winding Up Services Include:
Compulsory Winding Up
Our Compulsory Winding Up Services Include
Statutory Demand
Our Statutory Demand Services Include:
Deed of Company Arrangement
Our Deed of Company Arrangement Services Include
Bankruptcy (Personal)
Our Personal Bankruptcy Services Include:
Frequently Asked Questions
Firstly, we will reach out to you to gain a deeper understanding of your situation. Subsequently, we will assign a lawyer who will engage in a conversation with you, either through a phone call or an in-person meeting, in order to provide an initial assessment of your case. We will then explain your available options and advise you on the next steps you should take to solve your legal problem.
We take pride in having the fastest response times in the industry.
For every inquiry, we guarantee an initial response within 24 hours.
After the initial consultation, you will have a better idea of the timeline for the next steps required.
After we receive your initial inquiry, we will allocate a specialist lawyer in the relevant practice area to give you an initial assessment of the matter.
Due to the multidisciplinary nature of our firm, we can assign an expert lawyer to your matter no matter the type or the scale of your matter.
Alternatively, you can request to speak to a particular lawyer.
At Verge Legal we have a policy of making full disclosure of all estimated legal fees and disbursements right at the start of each matter.
By law, we are required to give you a comprehensive costs agreement and costs disclosure which will outline how are fees are charged. You can take comfort in the knowledge that there will be no hidden fees or surprises.
We offer fixed fees for certain matters such as conveyancing and transactional deals. For others such as litigation, we generally charge an hourly rate.
We work hard to ensure that our rates are competitive. You can discuss with us a mutually suitable fee arrangement.
Before you engage any lawyer you should check that they are listed on the Victorian Legal Services Board (VLSBC) Register of Lawyers.
You can rest assured in the knowledge that we are a fully accredited and insured incorporated law practice and all our lawyers hold current practising certificates.
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Get in Touch Today
If you require assistance, please contact us today. We pride ourselves on providing clear communication and no-nonsense legal advice. Our dedicated team will ensure that your case receives the attention it deserves.
Step 1
Contact us and let us know your legal problem.
Step 2
We will select the right lawyer based on practice area and expertise.
Step 3
You will be scheduled to meet with the best lawyer for your circumstances as soon as possible.
Step 4
Speak to our expert lawyer who will explain to you the relevant law and list the options available to you.
