Trusted Experts in Resolving Debt and Insolvency Challenges

Debt Recovery & Insolvency Lawyers in Melbourne

Navigating debt recovery and insolvency matters can be overwhelming for individuals and businesses alike. Our experienced Melbourne-based lawyers provide clear, actionable solutions to help you regain control of your finances. Whether you’re recovering outstanding debts or facing insolvency concerns, we are committed to safeguarding your interests and delivering efficient outcomes.

 

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Why Choose Our Debt Recovery & Insolvency Services?

Handling debt recovery and insolvency requires expertise, strategy, and a clear understanding of legal frameworks. At Pentana Stanton Lawyers, our Melbourne-based team provides:

  • Specialised Expertise: Decades of experience navigating Australian insolvency laws, including debt recovery processes and business liquidation strategies.
  • Personalised Support: Tailored solutions for individuals and businesses facing financial distress, ensuring the best path forward for your circumstances.
  • Proven Results: A strong track record of successful debt resolutions, asset protection, and insolvency management for our clients.

Our commitment to excellence means we don’t just address the financial or legal aspects of your situation—we focus on supporting your peace of mind. From detailed assessments to proactive strategies, we guide you at every stage, ensuring your future stability.

Your Trusted Partners for Expert Guidance, Strategy, and Business Protection

Partner with Experts in
Debt Recovery & Insolvency

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1

Evaluate Your Situation with Precision

We begin with a comprehensive consultation to assess your financial challenges. Whether you’re dealing with unpaid debts, creditor demands, or insolvency concerns, our team carefully evaluates the details to determine the best course of action to protect your interests.

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2

Create a Strategic Recovery Plan

Our lawyers leverage their deep expertise in debt recovery and insolvency law to develop a customised strategy. From initiating debt collection processes to negotiating payment plans or overseeing formal insolvency proceedings, we focus on delivering practical, effective solutions tailored to your needs.

Golden chess piece representing strategic legal guidance for free case assessments.

3

Advocate Relentlessly for Your Best Outcome

We stand by you as dedicated advocates, ensuring your rights are protected throughout the recovery process. Whether through negotiation, mediation, or litigation, we work tirelessly to achieve the most favourable resolution for individuals, businesses, and creditors alike.

Debt Recovery & Insolvency Experts

Committed to Resolving Your Financial Challenges

Navigating debt recovery and insolvency matters can be stressful and complex. At Pentana Stanton Lawyers, we are dedicated to guiding individuals, businesses, and creditors through every step of the process. Our team prioritises practical solutions that safeguard your financial stability and ensure the best possible outcomes.

Under Australia’s Corporations Act and Insolvency Legislation, businesses and individuals have rights and responsibilities when facing unpaid debts or financial distress. Whether you’re seeking to recover outstanding payments, manage insolvency proceedings, or explore restructuring options, our experienced lawyers deliver clear guidance tailored to your circumstances.

Every case is unique, which is why we take the time to understand your financial position, assess options such as debt collection, voluntary administration, or liquidation, and provide effective strategies that align with your goals.

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Our Melbourne-based team is here to advocate for you. From negotiating repayment plans to representing you in court, we are committed to securing resolutions that provide clarity, stability, and peace of mind.

 

Your Debt Recovery & Insolvency Questions, Answered by Melbourne’s Experts

Have Questions About Debt Recovery & Insolvency? We Have the Answers

What are my options for recovering outstanding debts?

Recovering outstanding debts often involves a strategic approach. Options include issuing formal demand letters, initiating legal proceedings, negotiating repayment plans, or using alternative dispute resolution methods such as mediation.

Each method depends on the circumstances of the debt, such as the amount owed, the debtor’s financial position, and whether the debt is disputed.

Our team will assess your case and recommend the most effective course of action to recover your debts efficiently while protecting your financial interests.

How can I determine if insolvency is the right option?

Determining whether insolvency is the right course of action requires a detailed evaluation of your financial position. If you’re struggling to meet your debts, insolvency options such as bankruptcy (for individuals) or voluntary administration, liquidation, or restructuring (for businesses) may be considered.

Our experienced lawyers will carefully review your situation, outlining the risks, benefits, and implications of insolvency solutions to help you make informed decisions that safeguard your financial future.

How much will it cost to resolve a debt dispute or insolvency matter?

The cost of resolving a debt dispute or insolvency matter depends on factors such as the complexity of the case, the legal processes involved, and the timeframe for resolution. Whether you’re pursuing debt recovery, negotiating settlements, or navigating insolvency, our firm prioritises cost-effectiveness and transparency.

During your initial consultation, we’ll provide a clear estimate of legal costs and explore flexible options, such as fixed fees or tailored payment arrangements, where appropriate.

What steps can I take to recover a debt owed to me?

Recovering a debt can feel overwhelming, but there are clear steps to help. Start by negotiating directly with the debtor to resolve the issue amicably. If that doesn’t work, sending a formal Letter of Demand can make your request official, giving them a clear timeframe to respond. If the matter remains unresolved, seeking help from a debt recovery lawyer ensures you have the right support to explore legal options. At Pentana Stanton, we guide you through each step to make the process as smooth and effective as possible.

Declaring bankruptcy can relieve you of many financial burdens, but it’s important to understand the consequences. While bankruptcy can release you from most debts, it also affects your credit rating for at least five years and places restrictions on certain employment opportunities. You may also face limitations when applying for credit. Our team is here to help you assess whether bankruptcy is the best option for your situation and ensure you’re fully informed before making any decisions.

If your business is struggling to meet its financial obligations, understanding insolvency is essential. First, an assessment determines whether the business can pay its debts on time. From there, an external administrator may step in to manage the company’s affairs. Depending on the circumstances, the business may undergo liquidation, where assets are sold to pay creditors, or restructuring, which aims to get the business back on track. Our legal team can guide you through this process and help you achieve the best possible outcome.

Yes, negotiating a payment plan is often a practical solution when you can’t pay your debts in full. Many creditors are open to discussions, especially if you’re proactive about communicating. Options may include extending the repayment period or agreeing on a reduced lump-sum settlement. If you’re unsure how to approach creditors, we can step in to help negotiate terms that work for both sides and alleviate your financial stress.

Voluntary bankruptcy occurs when you, as an individual, decide to file for bankruptcy because you can no longer manage your debts. Involuntary bankruptcy, on the other hand, happens when a creditor applies to the court to force bankruptcy due to unpaid debts. Understanding the difference is critical, as each situation has unique implications. Our lawyers can explain both options clearly and help you take the right path forward.

The time it takes to recover a debt depends on a few factors, like how cooperative the debtor is and whether legal action is required. If the debtor responds quickly and pays, the process can be resolved in a matter of weeks. However, if court proceedings are necessary, it may take several months. At Pentana Stanton, we aim to resolve your debt recovery efficiently while keeping you updated at every step.

Absolutely. Bankruptcy isn’t the only option for managing personal debts. Alternatives include formal debt agreements, where you repay a reduced amount over time, or personal insolvency agreements, which are legally binding arrangements with your creditors. Each alternative comes with its own pros and cons, so it’s important to get advice tailored to your financial situation. Our team can explore all options to help you find the best solution.

If you declare bankruptcy, you can still keep certain essential assets. This includes household items like furniture and appliances, as well as tools of trade (up to a specific value) that allow you to keep earning an income. Other protections may apply depending on your circumstances. Our team can explain which assets are protected and ensure you understand your rights throughout the process.

Portrait of Jesse LaGreca, Partner and Principal Solicitor at Pentana Stanton Lawyers.

Jesse LaGreca – Principal Lawyer

Recover what's owed to you with confidence. Our expert team delivers clear strategies to resolve debt disputes efficiently.

Testimonials

What our clients are saying

5/5

Absolutely brilliant firm!

Sarah was handling our matter and was incredibly thorough, communicative and clear from start to finish.

Compared to other firms I had spoken to and had as also dealing with Pentana Stanton really stood out as integral and competent with getting my matter resolved. Also very pleasant to deal with. I would highly recommend this firm.

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Sean Faingold

Google Review

Call us on

(03) 900 22 800

Write Us

reception@pstanton.com.au

Serving Melbourne & Dandenong with Trusted Legal Advice

Expert Legal Assistance When You Need It Most

Our locations

Melbourne Office
Level 3 & 5,
552 Lonsdale Street, Melbourne VIC 3000
Dandenong Office
Suite 9 (Level 1),
50-54 Robinson St, Dandenong VIC 3175

(03) 900 22 800

reception@pstanton.com.au

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