With an increasing number of Australians reporting that they are insolvent, and many more declaring bankruptcy each year, the need for effective and efficient nation-wide financial assistance is greater than ever.

For professional financial assistance at the lowest price – guaranteed – CRS Insolvency Services is the answer.

CRS Insolvency Services are highly experienced insolvency specialists located in Australia, with a proven track record in providing professional and successful financial assistance to Australian businesses and individuals. CRS assists individuals facing personal or corporate insolvency in Australia and who may be considering declaring bankruptcy or liquidating their company. We work closely with our clients in order to observe the cause of their financial hardships, determine which financial solution suits them best and see them through the process of getting back on their feet.

When seeking assistance for their debt problems, many individuals are unaware of their options and generally think of bankruptcy as their only available choice. Thankfully, the Australian government offers indebted Australians with a number of alternatives to better deal with their intense financial strain.

At CRS, our advice is to always consider the legal alternatives to bankruptcy, as the consequences are usually less severe. These bankruptcy alternatives include a Debt Agreementor a Personal Insolvency Agreement. Before these agreements existed, if you were in debt you really only had two options; either pay it in full or declare yourself bankrupt. Thankfully, debtors are now able to consider other alternatives that may be more suited to their financial position and come with fewer consequences.

With both agreements, once the agreement is set up and a negotiated repayment amount is agreed on by your creditors, all interest on your debts will be frozen. The administrator of your agreement (be it a Debt Agreement Administrator or a Registered Trustee) will become the only point of contact with your creditors. They will handle all enquiries and ensure that your repayments are distributed to your creditors in the prescribed manner.

The financial assistance provided by CRS is centred on helping you determine the option which will best benefit you. By entering into one of these alternative arrangements, you will have peace of mind knowing that you are protected from any creditors threatening legal action or bankruptcy.

To propose a Debt Agreement or Personal Insolvency Agreement, you need the assistance of a company such as CRS Insolvency Services. You will require either a Debt Agreement Administrator or a Registered Trustee (respectively) to administer your agreement, both of whom we have available on site.This means that we are able to provide you with either alternative, and can follow your case through from start to finish in as timely a manner as possible.

For more information on CRS Insolvency Service’s financial assistance options, or for free and impartial advice on your alternatives to bankruptcy, contact our 24/7 hotline on 1800 093 070.

If you are constantly worried about how you are going to find the money to pay your next bill, then you may be on the road to insolvency. Personal insolvency in Australia is far more common than you may realise, so you should not feel ashamed and avoid seeking help.

CRS Insolvency Services are highly experienced personal insolvency specialists and we operate Australia wide. Our services help to assist individuals facing personal insolvency who are considering declaring bankruptcy or searching for bankruptcy alternatives.

It is very rare to find an organisation that provides free, 24-hour insolvency advice lines. CRS Insolvency Services created the first of its kind in Australia and has helped thousands of Australians find a solution to their individual personal insolvency case.

In order to prevent yourself from experiencing insolvency, it is important to be proactive rather than reactive. To help you recognise the signs before the fact, CRS has compiled a list of common indicators which suggest you may be on the path to personal insolvency.

You may be insolvent if you are experiencing:

• You can’t pay your credit card or bills on time;
• You miss payments or are constantly late;
• You are exceeding your credit limit;
• You have been refused credit;
• You are receiving late payment notices;
• You are receiving legal notices;

There are no other specialists in personal insolvency in Australia like those at CRS Insolvency Services. We take great pride in ensuring that your insolvency issues are expertly managed and will offer you the lowest price, guaranteed!

So for free, 24-hour personal insolvency advice in Australia, call us on 1800 210 073.

According to industry experts, smart financial management is the key to both long-term survival and future growth prospects for small businesses.

CRS Insolvency Services has compiled a list of their top three tips on how you can manage your small business so that it thrives financially:

1. Consult Your Bank

There are a lot of useful and free reports available from banks that can inform you of the periods of peak demand and troughs for your services and products. By tapping into this knowledge, you can better understand the current situation and future opportunities or threats your company faces, and begin to look at strategies that can benefit its financial position.

2. Weekly Benchmarking

Benchmarking regularly through analysing industry and store data enables you to pinpoint growth-driving factors and replicate them across the board for greater business success. Track both financial and non-financial results, including customer feedback, to ensure a comprehensive overview.

3. Ensure Controls Are In Place And Regularly Evaluated

Maintaining effective controls is important for all aspects of small businesses, whether they are for managing inventory, operational costs, or fixed costs and overheads. Creating policies, documentation and training staff on how these costs should be managed will guide your company toward a better financial position.

If you believe you have exhausted all avenues in attempting to bring your business back to life, CRS can help.

At CRS Insolvency Services, our team of highly experienced insolvency specialists can assist with any corporate case, big or small. If you are concerned about your company’s solvency, our experts can provide you with professional, impartial advice regarding your situation and options. Whether you need to file for voluntary administration or liquidation, or explore other alternatives, CRS Insolvency Services possess the knowledge, experience and expertise required to help your company. As well as offering our services at the lowest price, guaranteed, your first meeting with us is free! Contact one of our insolvency specialists today on our 24 hour hotline at 1800 210 073.

CRS Insolvency Services is a professional team of insolvency specialists, qualified to assist with both corporate insolvency and personal bankruptcy cases. With years of experience in the finance industry, CRS has gained the knowledge and expertise needed to assist you with your adverse financial situation.

At CRS Insolvency Services, we understand that bankruptcy  can seem complicated, particularly if you are not familiar with financial jargon. That is why we aim to work closely with you to ensure that you understand your options, including the legal alternatives to bankruptcy. These can include Personal Insolvency Agreements and Debt Agreements. CRS Insolvency Services also offers expert advice and consulting regarding bankruptcy and business related insolvency.

CRS Insolvency Services offers personalised bankruptcy services to clients who intend to voluntarily file for bankruptcy. Our bankruptcy administration starts at $80 per week, given that you no longer have any assets and are not liable to pay statutory income contributions. Once commenced, we will guide you every step of the way until the completion of your bankruptcy case.

For more information on how CRS can help you with your individual bankruptcy case, or for free and impartial bankruptcy advice, contact our 24/7 hotline on 1800 210 073.

As joyous as the Christmas season is, there’s no denying it can be a stressful time of year, particularly for the debtor on a tight Christmas budget.

With looming debts hanging over their heads and legal court cases just around the corner, many debtors can’t help but contemplate declaring bankruptcy during the expensive holiday season.

While Christmas is a time for renewal and bankruptcy offers a fresh new slate, it does come with many consequences that bear consideration.

CRS believes that debtors should first consider the alternatives before completely throwing in the towel this Christmas and beyond.

Recommended options to be considered before bankruptcy include Debt Agreements and Personal Insolvency Agreements.

 Both these agreements are quite similar, and mainly differ depending on how much you earn and how much you owe your creditors.

The agreements provide an affordable payment plan for your unsecured debts, which we negotiate with your creditors. Once the agreement is set up and agreed to by  your creditors, all interest on your debts will be frozen. Thankfully, the agreements can span a flexible period of time, making the payments a lot more affordable.

By applying for one of these agreements, you will be free to enjoy the Christmas season with peace of mind, knowing that you are protected from any unsecured creditors threatening you with legal action or bankruptcy.

At CRS Insolvency Services, we never want our clients to feel like they’re on their own during this process. Our insolvency specialists will handle all payments to your creditors and manage all enquiries from them.

You can find out more about these agreements here or by contacting our 24/7 hotline on 1800 210 073, for free and confidential advice anytime that suits you.

The bankruptcy and liquidation specialists of Australia, CRS Insolvency Services, are professional, knowledgeable and highly experienced insolvency experts dedicated to providing advice for businesses facing liquidation or other financial difficulties. With a head office based in Sydney, as well as services in both Melbourne and Perth, CRS has a team of professional and registered liquidation specialists on board to help you make the right decisions and effectively manage your liquidation situation, including their highly experienced and knowledgeable CEO, Anthony Warner.

For Australian businesses operating in today’s increasingly dynamic and competitive environment, slowing growth patterns, increased competition and an uncertain economic outlook all present threats to performance and viability, leading many businesses into liquidation.

If a business chooses to liquidate or is forced into liquidation by its creditors, it faces the cessation of its operations and the sale of its assets to pay outstanding debts to creditors. This is one of the final options a business should consider, as the business will be terminated and cease to exist following the completion of the liquidation process.

At CRS, our clients’ best interests come first. That is why our highly experienced team of liquidation specialists are dedicated to providing quality and unbiased liquidation advice that is specific to your individual case, and to help you prevent liquidation where possible. An appointed liquidation specialist will work closely to understand the business’ financial affairs, offer personalised liquidation advice and determine the best course of action that the business should take to rectify its debts before choosing to settle for liquidation. Where liquidation presents itself as the only possible option, the Australian liquidation specialists from CRS Insolvency Services can assist insolvent companies in initiating a Creditors’ Voluntary Liquidation to efficiently manage their finances and bring their business operations to an end.

For more information on liquidation, or to find out how the Australian liquidation specialists from CRS can help you out of your financial turmoil, contact 1800 210 073 for free, no-obligation liquidation advice today.

The liquidators of Timbercorp are currently writing to thousands of investors to demand payment of their outstanding loans. For years, many Australians have been facing stress and anxiety following the collapse of Timbercorp.

If you have received a demand from the liquidator and are unable to repay it, CRS insolvency services can discuss your options. Many of the services we can offer will help you save your house and other personal assets. We can help you today if the Timbercorp liquidator has commenced legal action against you.

Call CRS Insolvency Services today on 1800 210 073.  We operate a 24 hour advice line. Our services will allow you to start enjoying life again. Our initial advice is free and without obligation, so you have nothing to lose by calling us.

CRS Insolvency Services are highly experienced insolvency specialists, Chartered Accountants and CPA’s. CRS has successfully handled some of Australia’s most complex Personal Insolvency cases, so you can help you. We have been in business for over ten years and have helped thousands of Australians just like you facing hardship following the collapse of Timbercorp.

CRS Insolvency Services are a group of trusted experts in both personal bankruptcy and business-related insolvency. Our experts are trained and qualified professionals that can offer you quality advice about liquidating your company. At CRS Insolvency Services, we understand the difficulty and confusion that is experienced when you are faced with the liquidation  of your business, and we will aid you in this time of uncertainty.

The main red flags that indicate that a business might be heading toward liquidation include: a lack of knowledge of business practices; inadequate resources to cover costs; excessive expenditure to build business; failure of clients to pay money owing; and harsh competition.

To help you recognise the prevalence of company liquidation, CRS Insolvency Services have collated a list of the three main reasons that directors and shareholders choose to voluntary liquidate their companies:

1. Trading Insolvent

If you notice that your company does not have the money to pay its debts as they fall due, then you should consider voluntarily going into liquidation. Continuing to trade and incurring further debt whilst insolvent comes with serious consequences.

2. Protection

If your company is insolvent and you fail to prevent it from incurring further debt by placing it into administration or liquidation, then as a director you could become personally liable for the debts incurred. By liquidating the company as soon as possible you will protect all directors, members and creditors.

3. Freedom

If you frequently find yourself suffering from stress, depression, anxiety and insomnia over the thought of continuing to trade whilst in debt, then liquidation may be the answer for you. Insufficient funds and excess stress over increasing piles of bills are an indication that it may be time to talk to one of our specialists at CRS Insolvency Services.

At CRS Insolvency Services, we will work with you to ensure that you are fully informed of all possible options, actions and consequences during all of our consultations. We can be reached 24 hours a day, 7 days a week on 1800 210 073 for free, impartial and confidential advice about your options.

Corporate insolvency can occur to even the most seemingly successful businesses. As reported recently by The Sydney Morning Herald, the beloved fast-food chain famous for its Aussie pies, Pie Face, has encountered financial difficulties, and has appointed an administrator in an attempt to save the company through restructuring and refinancing.

Earlier this year Pie Face had shut down six of its operations in New York, leaving just one store in Hell’s Kitchen, after failing to make the Aussie meat pie a staple in the US. One of the first signs of insolvency is poor cash flow forecasts and legal actions, which was evident last year when Pie Face was sued by franchisees over allegations that they had been misled in regards to forecasted potential profits and costs.

After the appointment of the administrators, Pie Face announced it would close some stores in NSW and Victoria. Although Pie Face’s debt load remains unclear, it is predicted that an estimated 85 per cent of Pie Face stores were unprofitable and suffered a drop in sales of between seven to eight per cent, year on year, for the past four years. This suggests that Pie Face has had continuing losses, which is a prime indicator of insolvency.

If you are worried that your company is straying down the same path of insolvency, you need to act now before it’s too late. CRS Insolvency Services operates 24 hours a day, 7 days a week, providing an insolvency hotline to offer you free and impartial insolvency advice when it best suits you. Call them today on 1800 210 073.

The bankruptcy and liquidation specialists of Australia, CRS Insolvency Services, are professional, knowledgeable and highly experienced insolvency experts dedicated to providing advice for businesses facing liquidation or other financial difficulties. With a head office based in Sydney, as well as services in both Melbourne and Perth, CRS has a team of professional and registered liquidation specialists on board to help you make the right decisions and effectively manage your liquidation situation, including their highly experienced and knowledgeable CEO, Anthony Warner.

For Australian businesses operating in today’s increasingly dynamic and competitive environment, slowing growth patterns, increased competition and an uncertain economic outlook all present threats to performance and viability, leading many businesses into liquidation.

If a business chooses to liquidate or is forced into liquidation by its creditors, it faces the cessation of its operations and the sale of its assets to pay outstanding debts to creditors. This is one of the final options a business should consider, as the business will be terminated and cease to exist following the completion of the liquidation process.

At CRS, our clients’ best interests come first. That is why our highly experienced team of liquidation specialists are dedicated to providing quality and unbiased liquidation advice that is specific to your individual case, and to help you prevent liquidation where possible. An appointed liquidation specialist will work closely to understand the business’ financial affairs, offer personalised liquidation advice and determine the best course of action that the business should take to rectify its debts before choosing to settle for liquidation. Where liquidation presents itself as the only possible option, the Australian liquidation specialists from CRS Insolvency Services can assist insolvent companies in initiating a Creditors’ Voluntary Liquidation to efficiently manage their finances and bring their business operations to an end.

For more information on liquidation, or to find out how the Australian liquidation specialists from CRS can help you out of your financial turmoil, contact 1800 210 073 for free, no-obligation liquidation advice today.