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πŸ“Š Bankruptcy Law

Serious debt problems can feel overwhelming. Our insolvency and bankruptcy lawyers provide clear, practical advice on all options β€” from debt negotiation to formal insolvency β€” helping you find the best path forward.

Bankruptcy and Insolvency Lawyers Melbourne

Bankruptcy is not the end β€” for many people it's a fresh start. Our lawyers explain all your options clearly, help you understand the consequences, and guide you through the process with as little stress as possible.

Personal Insolvency Options

  • Voluntary bankruptcy (sequestration)
  • Debt agreements (Part IX)
  • Personal insolvency agreements (Part X)
  • Negotiating with creditors
  • Responding to creditor's petitions
  • Annulment of bankruptcy

Business Insolvency

  • Voluntary administration
  • Liquidation advice
  • Director duties and insolvent trading
  • Creditor rights and claims

Frequently Asked Questions

What happens to my home if I go bankrupt?
Your trustee in bankruptcy will assess whether there is equity in your home. In some cases you can reach agreement to pay out equity and keep your home. We can advise on your specific situation.
Is there an alternative to bankruptcy?
Yes β€” a Part IX Debt Agreement is an alternative for lower-income earners that can resolve debt without full bankruptcy. We assess all options and recommend the best path for your circumstances.

Ready to speak with a Bankruptcy Law lawyer?

Consultation from $180 (30 min) Β· $300 (1 hr) incl. GST Β· Same-day available

Get a Quote or Call Back

Tell us about your matter and we'll call you back with a fixed-fee quote. All enquiries are strictly confidential.

βœ“ Consultation from $180 (30 min) incl. GST
βœ“ Fixed fees β€” no hidden costs
βœ“ Same-day appointments available
βœ“ five-star Google reviews
πŸ“ž (03) 9957 6899 πŸ’¬ Text Us

What Our Clients Say

163+ five-star reviews on Google from real Melbourne clients

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"Outstanding service. My case was handled professionally from start to finish. The team at Lawyers of Preston kept me informed every step of the way and achieved an outcome beyond what I expected."

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Mohammed A.
Criminal Law Client Β· Google Review
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"During one of the hardest times of my life, the team were not only professional but genuinely caring. They fought hard for me and my children. I can't recommend them highly enough."

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Sarah T.
Family Law Client Β· Google Review
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"I was terrified I'd lose my licence and my job. The lawyers here were calm, knowledgeable and got me a result I honestly didn't think was possible. Forever grateful."

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Linh N.
Drink Driving Client Β· Google Review
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"My visa situation was very complicated. They explained everything clearly, handled all the paperwork and kept me updated. My application was successful. Professional and highly recommended."

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James R.
Immigration Client Β· Google Review
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"They helped me get an intervention order quickly and safely. Very discreet, very professional. I felt supported throughout the entire process. Thank you so much."

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Aisha K.
Family Violence Client Β· Google Review
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"Caught driving while disqualified β€” I was certain I'd go to jail. They presented my case brilliantly and I received a community service order instead. Exceptional result."

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David M.
Traffic Law Client Β· Google Review
β˜… 5.0 Google Rating Β· Verified Google Reviews

Ready to Speak With a Lawyer?

Consultation from $180 (30 min) Β· $300 (1 hr) incl. GST Β· Available across Melbourne North & West

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