We’re here to help

Whether you are trading as a sole trader, through a company or a trust—there are options to deal with debt issues.

With extensive experience helping businesses and individuals navigate these difficult times, Worrells is here to help you assess your options, and guide you through the process.

To talk to one of our understanding team members, call us today on 1300 959 557 for a confidential chat.

The signs to look out for

There are a few red flags that indicate receivership may be required:

  1. Business debts piling up
  2. Cash-flow problems
  3. Being chased for money by the ATO or suppliers
  4. Worried about how you will pay staff and suppliers
  5. Lost the motivation or passion you once had for your business
  6. Uncertain of what your options are

How receivership arises

Many causes can get businesses into financial difficulty. They include poor economic conditions, adverse legal action, ATO debt issues or problems with suppliers.

You may need a helping hand to reach an arrangement with your creditors, or a more formal insolvency process to rehabilitate the business.

Regardless of the type of business or type of debt issues—we guide you through the process.


Book a free, no-obligation chat now

In our experience, no amount of FAQs and reading will substitute what can be gained by discussing your unique situation with a qualified professional.

Finding the right solution

As insolvency professionals, we have a toolkit that others don’t that ensures legal action against your business stops and to pay employees their outstanding entitlements through a government scheme when the business does not have the assets/funds to pay them.

What are my options?

Business debt issues can be complicated. Several factors influence the options available to you including:

  • If your business is still trading.
  • The business structure (sole trader, partnership, company or trust).
  • The amount of debt.
  • The business assets’ value and any securities attached.
  • Any employees and their outstanding entitlements.
  • If legal action is pending.
  • The outcome you want.


Want more information?

It’s natural to have lots of questions, concerns or simply needing a chat about your situation. Our FAQs may answer some of them, but chatting confidentially with us is better.

3 easy steps to debt relief


My experience working with Worrells has been nothing short of amazing. I found myself in a hole after some poor decisions in the financial markets led to a large unpaid loan hanging over my head for years. I was extremely stressed out and struggling to pay the interest on this loan while also keeping a roof over my head.

From the moment Worrells answered my call they have made my life a lot easier. I could tell that from the beginning they were empathetic to my situation and that they genuinely wanted to help. We had an open and honest conversation to devise a plan so that I could move forward, debt free.

What really sets Worrells apart is the follow-up work—checking in on how things are going and always happy to answer any questions on the intricacies and legalities of insolvency with an infectious upbeat attitude.”

~ Deklan Gilmartin


Our promise

Now’s the time to have someone in your corner—an insolvency professional who provides clarity amongst the murkiness of insolvency, stress and indecision.

We are dedicated to helping you at every step of the way to financial freedom, and we are always happy to answer your call


Don’t live with the financial burden any longer


Our specialised consultants can find solutions to all types of debt problems. We can help you consolidate your payments, save thousands in interest and reduce your debt. Your debt problem can be fixed!


Call us today on 1300 959 557 or complete the form


Your questions on receivership answered

What is receivership?

A secured creditor can take action to protect, collect and sell some or all the company’s assets. This is done for the company to repay debts owed to the secured creditor.

Who is a secured creditor?

A secured creditor holds a security interest, such as a mortgage, in some or all the company’s assets, to secure a debt they are owed by a company. For example, lenders might require a security interest in company assets when they provide a loan.

Who is a unsecured creditor?

An unsecured creditor does not hold a security interest in relation to a debt they’re owed by a company.