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Options assessment
A confidential review of your position and the realistic options before any decision is made.
Bankruptcy · Brisbane
Personal insolvency advice, for debtors and creditors.
Personal insolvency advice — for debtors and creditors. Advice for clients across Queensland, New South Wales and Victoria.
Quick answer
KSA Law's Brisbane bankruptcy lawyers act for both debtors and creditors. We help individuals in financial difficulty assess their options, declare bankruptcy or compromise debts under the Bankruptcy Act 1966 (Cth), and act for creditors enforcing judgments against individuals, including creditor's petitions in the federal courts.
✓One lawyer, end to end
Written advice first
Agreed fee before work begins
Overview
Bankruptcy at Khoury Scott & Associates.
Our bankruptcy lawyers act on both sides. We help people experiencing financial difficulty assess their options, voluntarily declare bankruptcy, or compromise their debts under the Bankruptcy Act 1966 (Cth) to prevent bankruptcy.
We also regularly act for creditors enforcing judgment debts against individuals, bringing a creditor's petition in the Federal Court to have the debtor declared bankrupt. Either way, you get clear options at every stage.
Who we help
Typical clients in bankruptcy.
- ✓Individuals experiencing financial difficulty
- ✓People considering voluntary bankruptcy
- ✓Debtors looking to compromise debts and avoid bankruptcy
- ✓Creditors enforcing judgments against individuals
- ✓Businesses owed money by sole traders
How we help
Areas of work within bankruptcy.
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Voluntary bankruptcy
Guidance through declaring bankruptcy, including what it means for your assets and finances.
03
Compromising debts
Arrangements under the Bankruptcy Act 1966 (Cth) that can resolve debts without bankruptcy.
04
Creditor's petitions
Bringing a creditor's petition in the Federal Court to enforce a judgment against an individual.
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Judgment enforcement
Advice on enforcing judgment debts against individual debtors.
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Protection from creditors
Understanding how the appointment of a trustee protects a bankrupt from further creditor action.
Our approach
A clear, consistent process — start to finish.
You always know what happens next, what it costs and who is responsible.
Start with a conversation →-
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Confidential consultation
We listen, review your debts or claim, and explain where you stand in plain language.
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02
Written options
You receive written advice setting out the realistic options and an agreed fee.
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Action
We prepare and file the documents, negotiate with the other side, or run the petition.
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Resolution
The matter is closed, with clear records handed back to you.
Guides
Bankruptcy, explained.
Guide
Received a bankruptcy notice? Your options and deadlines
A bankruptcy notice is serious, but it is not bankruptcy. What you do in the next 21 days matters.
Read guide →
Guide
Alternatives to bankruptcy: debt agreements and personal insolvency agreements
Bankruptcy is not the only way to deal with debts you cannot pay. Depending on your situation, there may be better options.
Read guide →
Guide
Creditor's petition: making a debtor bankrupt
When an individual debtor will not pay a judgment, bankruptcy proceedings can be the most effective lever a creditor has.
Read guide →
Guide
Will I lose my house if I go bankrupt in Australia?
For most people facing bankruptcy, the home is the biggest question. The answer depends on equity, ownership and your options.
Read guide →
Questions
Bankruptcy — answered.
The questions clients ask us most. Not a substitute for advice on your specific matter.
What is bankruptcy?+
Bankruptcy occurs when an individual is insolvent — unable to pay their debts as and when they fall due — and has a trustee appointed to control their assets and finances. In return, they are protected from further legal action by their creditors.
Can bankruptcy be avoided?+
Sometimes. Depending on your circumstances, debts may be compromised under the Bankruptcy Act 1966 (Cth) to prevent bankruptcy. We assess the options with you first.
Do you act for creditors?+
Yes. We regularly act for creditors enforcing judgments against individual debtors, including bringing a creditor's petition in the Federal Court.
Talk to us
Ready to discuss your matter?
A short, confidential conversation is the best place to start. We will tell you whether we can help, and if not, point you in the right direction.
