Ep 07 How to navigate the new insolvency legislation in Australia Credit management during a pandemic

Special guest Daniel Turk, a Partner from Turks Legal, talks about the new insolvency legislation that came into effect on 1 January 2021 in Australia. He provides valuable insight on:



* The Temporary Restructuring Relief legislation which will cease at the end of March 2021
* The Business Restructuring Regime where a restructuring practitioner is appointed and has four weeks to prepare a plan to creditors
* Proposed changes to bankruptcy reforms for sole traders
* A simplified liquidation procedure for companies being wound up by liquidators with debts of less than $1m

Support material
View the Australian Government media release on insolvency reforms here (https://ministers.treasury.gov.au/ministers/josh-frydenberg-2018/media-releases/insolvency).
Help my business collect debt
Contact Atradius Collections in your region here (https://atradiuscollections.com/global/contact-us?utm_source=podcast&utm_medium=show_notes&utm_campaign=ep07).
Help my business with credit insurance
Contact Atradius in your region here (https://group.atradius.com/contact-us/?utm_source=podcast&utm_medium=show_notes&utm_campaign=ep07).