Why you should consider using Louttit & Associates
We are a small boutique Sydney based insolvency practice. We have extensive experience working with a broad range of Australian business on a range of insolvency related issues. We have no problem working with complex legal issues.
Our team includes a number of qualified Chartered Accountants. Jamieson Louttit, the practice principal is an official liquidator and received his early training at one of the big four Australian accountant practices.
We are straight talkers and will let you know clearly what your options are and our recommended path forward. We are adept at crisis management and can quite quickly make an assessment of your situation and advise actions to be taken.
If you receive a statutory demand from the ATO then time is of the essence. Statutory demands are issued under section 459 of the corporations act and you have only 21 days to take action. If you receive a statutory demand then you should contact us immediately to determine your next steps.
A garnishee notice issued by the ATO allows the ATO to access your company bank account to collect outstanding debts. The ATO will determine a payment schedule and the amount to be repaid. There are things that you can potentially do. If you receive a garnishee notice then you should contact us immediately.
Through a restructure of your existing business it may be possible to turn things around and return you to profitability. We can help with identifying opportunities, disposing of non performing assets plus recommending structural changes. Check out www.louttit.com.au for more details.
- Crisis Management
"Don't wait too long before talking to an insolvency professional. There are always things that can be done."Jamieson Louttit - Practice Principal
"We can give you no nonsense practical advice in terms of finding a resolution to your problems."Jamieson Louttit - Practice Principal