Insolvency explained

Understand the basics about insolvency and bankruptcy in Australia.

What is bankruptcy (insolvency)?

A plain English explanation of bankruptcy and insolvency.

Bankruptcy & personal insolvency (for individuals)

Information on the options for people who have unmanageable debt.

Corporate insolvency & liquidation (for company directors)

Corporate insolvency options include liquidation, voluntary administration and receivership.

Information for creditors

Has someone or a business that owes you money become bankrupt (insolvent)?

Glossary of insolvency terms

Plain English definitions of insolvency terms and acronyms.