Previously, we addressed the first part of the settlement in the event of the divorce or separation. Today, we will introduce another significant settlement - Parenting arrangement. Even if the property settlement was resolved peacefully and amicably, it is common to have a contrary environment when it comes to the parenting matter.   There are [...]

VOLUNTARY DEREGISTRATION VS VOLUNTARY WINDING UP   A company ceases its legal entity when it is deregistered with the Australian Securities &Investments Commission (ASIC).   The directors or members of a company may consider closing a company for different reasons. If the company is solvent, it can be closed in two ways: apply to ASIC [...]

In Australia, almost one-third of the relationship ends in divorce or separation. Due to the number of relationships ended up poorly, there are several common myths regarding the proportion of entitlement in a property settlement after a divorce.   Common misunderstanding and myths Everything is divided into a 50/50 basis – There is no 50/50 [...]

A debt may arise in many circumstances such as an unpaid invoice or account, a dishonoured cheque, unpaid rent or debt incurred from a contract for goods and services. Quite often, people may not aware there is a debt to pay or receive to/from a person/organisation. For example, there might be a cleaning service contract [...]