Pre-Insolvency Advice for Business Owners

Law Tram’s Debt and Bankruptcy Consultation simplifies the process by connecting you with licensed Australian lawyers who can offer tailored legal advice specific to your situation. This free, fully online, and obligation-free service ensures you receive expert guidance every step of the way.

Worried Your Business Might Go Insolvent? Get Advice Before It’s Too Late

If your business is struggling to pay its bills on time, or you’re falling behind on BAS, superannuation or supplier invoices, it’s time to seek pre-insolvency legal advice. Early action can mean the difference between a successful restructure and forced liquidation.

Many business owners wait too long, exposing themselves to personal liability, director penalty notices, and insolvent trading claims. Whether you’re a sole trader, company director or partnership owner, getting legal advice early can help you understand your risks and protect your future.

Law Tram connects you with lawyers who provide practical, confidential guidance before formal insolvency sets in.

Lawyer assisting with personal and business insolvency issues

Law Tram's Legal Partners can assist with pre-insolvency matters, including:

Why Choose Law Tram

Bankruptcy and insolvency legal advice in Australia

How It Works

Confidential and Secure Questionnaire

Start by completing our secure online questionnaire. This step allows you to provide essential details about your business structure, debts and financial concerns.

Confidential Legal Summary

Law Tram’s advanced technology generates a confidential legal summary of your situation while keeping your personal and business details private.

Review by Licensed Australian Lawyers

Your confidential legal summary is shared with our network of vetted lawyers who review your case to determine how they can assist.

Connect with a Lawyer

If a lawyer believes they can help, they will initiate a chat with you through the Law Tram platform. Your contact details remain private unless you choose to share them.

No Obligation

You are under no pressure to retain any lawyer unless you are confident in their ability to assist. Law Tram empowers you to make informed decisions.

What Others Are Saying

Law Tram User

My company had unpaid super and tax. The lawyer helped me understand the risks and develop a plan before things got worse.

Law Tram User

I thought liquidation was my only option. The lawyer worked with my accountant and gave us real alternatives.

Law Tram User

I was personally exposed and didn’t know it. Law Tram connected me with a lawyer who helped me fix the structure and protect my assets.

Legal Information Only – Not a Substitute for Advice

This page provides general legal information only. It is not legal advice and should not be relied on as such. If your business is under financial stress, you should seek advice from an Australian Legal Practitioner experienced in insolvency and director liability as early as possible.
Guidance on managing debt, bankruptcy options and restructuring

Take the First Step Toward Resolution

Law Tram’s Debt and Bankruptcy Consultation offers a secure, efficient and supportive way to connect with expert legal help. Whether your business is showing signs of financial distress or you’re unsure how to manage potential insolvency, our platform helps you access tailored advice from qualified lawyers.

Start your free, confidential consultation today. Please note that Law Tram does not assist in finding legal aid lawyers. If you are seeking legal aid, visit our dedicated legal aid page for more information.

Take the first step toward resolving your debt matter with clarity and peace of mind.

Frequently Asked Questions

It’s legal advice given to business owners before they become formally insolvent, helping them understand risks and potential restructuring options.
Warning signs include being unable to pay debts as they fall due, relying on extended credit, or regularly missing payments to the ATO or suppliers.
Possibly. With early advice, it may be possible to negotiate with creditors, restructure debts or sell part of the business.
It protects directors from insolvent trading liability while they work on a genuine restructure. You must meet specific criteria to qualify.
Yes. Legal and financial advice should go hand-in-hand when navigating business distress. Lawyers on Law Tram can work alongside your existing advisors.
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