What is a Small Business Restructure ('SBR')

A Small Business Restructure (‘SBR’) was introduced by the Australian Federal Government on 1 January 2021 through amendments to the Corporations Act (Cth) 2001 in response to COVID-19 and to support financially distressed small businesses in Australia.

A SBR takes 35 business days, during which a restructuring practitioner works with your company to create a debt forgiveness plan, which is proposed to the company's creditors.

A SBR allows companies with debts, typically ATO tax debts, to create a plan which reduces the debt (usually by 75-80%) while continuing to trade.

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Reduce the stress & get your debt under control

Eligibility for a SBR

1) Total Liabilities of Less than < $1,000,000

2) Up to date with all ATO Tax Lodgments

3) Employee Entitlements Paid

4) The Company or Director/s mustn’t have previously completed an SBR or Simplified Liquidation

We offer personalised services to help you achieve the above eligibility. Our team takes a holistic approach to financial planning, considering all aspects of your financial situation.

Our Simple 3-Step Process

1. Free 15-Minute Phone Consultation

We start with a no-obligation call to learn about your business, understand your situation, and discuss whether you may be eligible for a Small Business Restructure. In many cases, we can also advise on steps to help you qualify.

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2. Fast Eligibility Review

1. Free 15-Minute Phone Consultation

You provide us with basic financial and business information. Within 24 hours, we’ll confirm whether you meet the criteria and if this is the right solution for your circumstances.

3. Develop Your Restructure Plan

1. Free 15-Minute Phone Consultation

3. Develop Your Restructure Plan

Once eligibility is confirmed, we will advise you on the next steps including creating a tailored restructuring plan. We’ll then help you formally appoint a registered Restructuring Practitioner to get your business on the path to recovery.

The SBR: 5-Step Process (35 Business Days)

1. Appointment Phase

You engage Debt Navigation Advisory to work alongside a registered Restructuring Practitioner.

2. Proposal Phase (Up to 20 business days)

Over this period, director/s collaborate with us and the appointed Restructuring Practitioner to prepare a detailed restructuring plan proposal, outlining how your business will address its debts.

3. Acceptance Phase (Up to 15 business days)

Creditors are given up to 15 business days to review the proposed plan and submit their votes to approve or reject it.

4. Plan Phase (Up to 3 years)

Once your plan is accepted, you’ll continue making agreed repayments. We assist you with all communications, regular check-ins, and ensuring plan payments are paid to creditors as scheduled.

5. Finalisation Phase

At the end of the plan, once confirmed that all payments are completed the finalisation documents will be lodged with ASIC to close out the process.

Contact Us

Better yet, give us a call!

0414 682 103

Hours

Mon	09:00 am – 05:00 pm
Tue	09:00 am – 05:00 pm
Wed	09:00 am – 05:00 pm
Thu	09:00 am – 05:00 pm
Fri	09:00 am – 05:00 pm
Sat	Closed
Sun	Closed

Should your matter require urgent attention, feel free to call outside business hours. Or send an email to Enquiries@debtnavigationadvisory.com.au

Debt Navigation Advisory Pty Ltd

What is a Small Business Restructure ('SBR')

Reduce the stress & get your debt under control

Eligibility for a SBR

1) Total Liabilities of Less than < $1,000,000

2) Up to date with all ATO Tax Lodgments

3) Employee Entitlements Paid

4) The Company or Director/s mustn’t have previously completed an SBR or Simplified Liquidation

Examples

Our Simple 3-Step Process

1. Free 15-Minute Phone Consultation

1. Free 15-Minute Phone Consultation

1. Free 15-Minute Phone Consultation

2. Fast Eligibility Review

1. Free 15-Minute Phone Consultation

1. Free 15-Minute Phone Consultation

3. Develop Your Restructure Plan

1. Free 15-Minute Phone Consultation

3. Develop Your Restructure Plan

The SBR: 5-Step Process (35 Business Days)

1. Appointment Phase

2. Proposal Phase (Up to 20 business days)

3. Acceptance Phase (Up to 15 business days)

4. Plan Phase (Up to 3 years)

5. Finalisation Phase

Contact Us

Fill in the below form to book your free consultation:

Better yet, give us a call!

Hours

What is a Small Business Restructure ('SBR')

Reduce the stress & get your debt under control

Eligibility for a SBR

1) Total Liabilities of Less than < $1,000,000

2) Up to date with all ATO Tax Lodgments

3) Employee Entitlements Paid

4) The Company or Director/s mustn’t have previously completed an SBR or Simplified Liquidation

Examples

Our Simple 3-Step Process

1. Free 15-Minute Phone Consultation

1. Free 15-Minute Phone Consultation

1. Free 15-Minute Phone Consultation

2. Fast Eligibility Review

1. Free 15-Minute Phone Consultation

1. Free 15-Minute Phone Consultation

3. Develop Your Restructure Plan

1. Free 15-Minute Phone Consultation

3. Develop Your Restructure Plan

The SBR: 5-Step Process (35 Business Days)

1. Appointment Phase

2. Proposal Phase (Up to 20 business days)

3. Acceptance Phase (Up to 15 business days)

4. Plan Phase (Up to 3 years)

5. Finalisation Phase

Contact Us

Fill in the below form to book your free consultation:

Better yet, give us a call!

Hours

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