
ABBOTT ADAMS SOLVENCY GUARDIANS
We Go Further for you.
A Member of MACA & Co Limited
DPN & Stat Demands - Abbott Adams Law
Director Penalty Notices.
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In this case we appoint an affiliated solicitor who will then take our instruction and pass same onto the barrister we nominate.
Our experience in dealing in negotiations with the ATO regarding payment arrangements for individuals and companies has only been successful when using the barrister as he details in his correspondence what we have found in the financials and details that we can show the director once aware of the solvency issue took all reasonable sets to comply with the Act.
We have many clients nationally in payment arrangements with ATO.
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Are you Solvent?
We are often engaged by Solicitors and Accountants, to review a company’s current solvency and risks the director could face currently and if they continue trading.
This consultation includes us assisting the director understand the things that must be done to avoid a Directors Penalty Notice and inform the director about secured creditors position and what they can do if informed of a solvency issue.
We also inform the director about his options and future strategies. It may be as simple as us being engaged to deal with creditors that cannot be immediately pay.
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Assisting with Statutory Demands and Winding Up Applications.
When a creditor has issued a company with a Statutory Demand and or a Winding up Application to a Client
the step is not to ignore it.
Abbott Adams Law Pty Ltd provide assistance via correspondence to creditors that have issued the Statutory Demand.

We can assist you
If this fails to resolve the matter we again assist by way of drafting what should be presented to the court hearing the Statutory Demand and providing a copy of our Forensic Accounting report with review of the company’s financial position.
If court hands down a judgment, then we assist by providing the option and putting them into place.