Financial Distress? We can assist you.

We work to avoid bankruptcy and reduce the impact of financial distress and debt burden. The right advice is paramount in navigating the world of insolvency.
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WE LISTEN

Dedicated
​Personalised Service

MEET & EVALUATE

Financial solutions tailored to
​your situation

QUICK TO REBUILD

Prompt, successful outcomes allowing you to rebuild your future
We are realistic and honest in our approach to financial distress. We care about our client’s emotional wellbeing and put measures in place to stop calls and letters from creditors. Our unique expertise allows us to provide solutions across a wide range of financial issues that companies and individuals experience. We provide cost effective solutions through mediation and negation in order to achieve successful resolutions.
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How we can assist you or your company?

  • Negotiate payment of outstanding and delinquent debtors;
  • Negotiate and mediate with creditors including:
    • The Australian Taxation Office and Office of State Revenue;
    • Corporate and personal debts (director and personal guarantees);
    • Residential and commercial loans (banks and property financiers);
    • Credit card and equipment financiers (car loans);
  • Restructure current financial exposure;
  • Provide asset and income protection​ strategies;
  • Implementation and management of insolvency strategies (if necessary)
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What if I need legal assistance as well?

We know every person or business is unique, with specific challenges that need to be navigated to relieve the burden of financial distress. In some circumstances we partner with a number of legal firms to attain the additional support you or the company may require.
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To discuss your situation with one of our team please call 02 8304 9300 or email us. 

WHAT OUR CLIENTS SAY 

DIRECTOR OF A LIQUIDATED COMPANY
Mandana Missaghi contacted me out of the blue shortly after I had put my company, a medium-sized electrical contractor, into voluntary administration. The administrator’s attempts to save the company by persuading clients to stick with us had failed. As the personal guarantor of several liabilities, my financial ruin was inevitable. I knew I wouldn’t physically survive this. Susie and Tom showed genuine empathy for my personal situation. They took ownership of my financial affairs reducing the enormous pressure I was under and dealt with the creditors direct who demanded payment under the guarantees. With unparalleled professionalism, determination and persistence, they managed to negotiate the debt down to a fraction of the original amount and exceeded even my wildest dreams. This helped me overcome the darkest moment of my life and improved my mental health. Entrusting Susie and Tom with my financial affairs was one of the most important decisions of my life. They handled it masterfully. I can only recommend the SR Group! 
MEDICAL SPECIALIST IN DEBT SITUATION
I am a medical specialist who found himself woven into debts of a corporate entity. It seems cliché, but I thought myself pretty intelligent and thorough. However, I was incredibly busy. In the process of running what appeared to be quite a successful business, I had been rushed into signing forms in between patients with almost immediate deadlines. To my detriment, I found I was liable for all the debts of the company and other well to do directors were able to hide behind trusts. I was reassured by the banking agent that this were routine documents and if there were any issues, I would be very unlikely to have exposure. Over a period of 2 years – the company largely from the chairman running up unauthorised expenses - had about 1.7 million in debt and rapidly went into liquidation. During this time, I was also trying to keep the business going so as not to ruin the lives of my employees, trying to meet the needs of creditors and all the while trying to deal with a director who was lying about expenses. I just wanted to crawl into a hole and did not know where to turn. Lawyers were happy to talk and put up walls and charge tens of thousands of dollars.
I was directed to Susie and Tom at the SR group who laid out the options for going forward and surviving the process with some assets, dignity and respect. Susie has been through this process – it is incredibly easy to be on the wrong side of the ledger with the banks and it is a rollercoaster of loss of success and also loss of trust of others while trying to first “ground” and re-build.
It was a journey and the process involved several months of dialogue, formal letters to co-directors, the liquidators and the bank. Through the SR group I was ultimately able to create a deal where I supported the company in liquidation and the business was sold with my ongoing reputation, retention of most staff and most importantly the bank provided me with a covenant not to pursue me (or my family members associated with my entities) for further expenses. This was the best possible outcome for me and one that I was told by others in business and law that was “impossible”.