Insolvency

Velocity Legal’s Insolvency team draws on decades of experience advising on complex restructuring and financial distress matters. Our focus is on delivering clear strategies that preserve value, manage risk and support informed decision-making during periods of financial pressure.

Book Consult

4.9

85 Google Reviews

Award Winning Law Firm – Top Specialist Firm & Top Boutique Firm (Australasian Lawyer)

First class advice, service, and communication. I have had the pleasure of working with Velocity Legal for many years across a range of challenging matters and they never fail to impress.

Grant F

Their meticulous attention to detail, unwavering professionalism and strategic approach have delivered an outstanding result. Their level of service is nothing short of impressive.

Jack C

From the initial consultation to the final resolution, they provided exceptional
service and achieved an outstanding result for our case.

Wan Li

We are an accounting firm that works closely with Velocity Legal on all our client's legal matters… Every client who works with their team is delighted and impressed by the clear advice, efficient communication, and seamless process.

Selina L

I highly recommend the team at Velocity Legal. They are extremely knowledgeable, professional, have an eye for detail and their work ethic is second to none.

Mark P

They provided so much support and guidance through the process and I felt like they genuinely cared about getting the right outcome for me. They obviously know their stuff but were able to explain things in a simple and clear way.

Natalie F

Approachable, honest, professional and transparent. An absolute pleasure to work with.

Bob W

4.9

85 Google Reviews

Book Consult

InsolvencyServices

Asset Protection and Restructuring

Protecting your wealth and structuring assets thoughtfully can help limit exposure to legal and financial risk. Asset protection and restructuring strategies can preserve value, improve flexibility, and support more informed decision making as circumstances change

Learn about Asset Protection and Restructuring

Corporate Insolvency

Corporate insolvency involves financial distress where a company is unable to meet its obligations. These situations can raise questions about available options, stakeholder impact, and the future direction of the company.

Learn about Corporate Insolvency

Director Penalty Notices

A Director Penalty Notice places personal liability on company directors for certain unpaid tax obligations. Understanding your position and acting promptly can be critical to managing risk and protecting your personal interests.

Learn about Director Penalty Notices

Personal Insolvency

Personal insolvency can be a highly challenging financial situation. When debts become difficult to manage, uncertainty around options and obligations can quickly create pressure.

Learn about Personal Insolvency

Unfair Preference Claims

Unfair preference claims arise where payments made before liquidation are examined to determine whether they unfairly preferred one party over others. Clear legal advice helps clarify whether a claim should be pursued or defended, and how to respond in a structured and informed way.

Learn about Unfair Preference Claims

Our Difference

Accountability & Expertise

Every matter we handle comes with full accountability. You’ll deal directly with an expert – every time, no exceptions.

In Your Shoes

Understanding your unique circumstances and goals - so our advice is practical, personal, and never given in a vacuum.

Transparency & Communication

We speak your language. That means plain, clear advice - what’s happening, why it matters, and what comes next.

50+

Australian Based Team

4,000+

Matters Expertly Handled

10+

Awards & Industry Recognition

Our Process

Book Meeting
Fill in the contact form below or call our office to book an initial consult. You can choose between in-person or video conference.
Get Advice 
You’ll discuss your situation in depth with a senior lawyer. This includes exploring your requirements, goals, and desired outcomes. You’ll walk away from this meeting with a clear understanding of the next steps.
Achieve Outcomes 
Our legal team will work tirelessly to achieve your desired objectives. We work hard, communicate regularly, and pride ourselves on delivering results.

Book a Consult

Take the First Step Today

You don’t have to figure this out alone. Book an initial consult with our expert legal team and get clear answers about your situation.

Transparent quotes (no ‘bill shock’)
Rapid response
Award winning team

Andrew Henshaw

Managing Director

Award Winning Law Firm – Top Specialist Firm & Top Boutique Firm (Australasian Lawyer)

Insolvency Team

Director

Demian Walton

Director

Seamus Ryan

Senior Associate

Sascha Kenny

Lawyer

Leo Crnogorcevic

Law Graduate

Ryan Iskra

Law Graduate

Ze'ev Gittleson

Paralegal

Amy Debelak

Law Clerk

Max Buntine

Insolvency Lawyers in Melbourne

Financial distress can escalate quickly. Whether you are a director facing questions about a company's solvency, a creditor dealing with an insolvent debtor, or an individual navigating personal financial difficulties, understanding your legal position and options early can make a significant difference to the outcome.

Insolvency law is technical, time-sensitive, and carries serious consequences if the wrong steps are taken. Having experienced legal advice from the outset is important.

Corporate Insolvency

When a company is experiencing financial difficulty, directors have legal obligations that must be carefully managed. Trading while insolvent exposes directors to personal liability, and the decisions made in the lead-up to formal insolvency can have significant consequences.

Our corporate insolvency lawyers can advise on whether a company may be insolvent, what obligations apply to directors in that situation, and what options are available. These may include voluntary administration, restructuring, or liquidation, depending on the circumstances. Where restructuring is viable, early advice gives you the best chance of preserving value and protecting the business.

Personal Insolvency and Bankruptcy

If you are facing serious personal financial difficulty, understanding your options before making any decisions is essential. Bankruptcy has significant and long-lasting consequences, and it is not always the only path available.

Our Melbourne insolvency lawyers can walk you through your circumstances, explain the implications of bankruptcy and the alternatives that may be available, and help you make informed decisions about how to proceed.

Insolvency Litigation

Insolvency matters frequently give rise to disputes. These can include unfair preference claims, insolvent trading claims, recovery actions by liquidators, or disputes about the conduct of an administration. If you are involved in insolvency-related litigation, whether as a plaintiff or a defendant, our disputes team can advise on your position and represent you in court proceedings or negotiations where required.

Director Penalty Notices and Creditor Claims

We also advise on director penalty notices issued by the ATO and assist creditors seeking to recover outstanding debts through statutory demands, winding up applications, and related enforcement processes.

How Velocity Legal Can Help

At Velocity Legal, our insolvency lawyer team works closely with our commercial disputes and tax lawyers, which means the advice you receive takes into account the broader legal and financial context of your situation. Insolvency matters often intersect with tax obligations, contractual disputes, and director duties, and having lawyers who can advise across those areas in a coordinated way matters.

We work with company directors, creditors, trustees in bankruptcy, and other parties involved in insolvency matters. Our approach is practical and commercially focused. We help you understand your position clearly, identify the options available, and move forward with confidence.

Contact Velocity Legal to discuss your circumstances and find out how we can help. Read Less