Insolvency resources and insights
Helpful resources on insolvency, business resilience and Voluntary Administration in New Zealand
Beyond the Balance Sheet: The human side of business insolvency
Behind every business facing financial challenges lies a deeply human story that goes far beyond the balance sheet. From the emotional toll of mounting pressure to the ripple effects on staff and families, understanding the full impact of insolvency is crucial. Discover how early and expert guidance can illuminate the path to recovery.
Creditor Compromise: Is it the right move for your business?
Strategic timing is crucial when your business faces financial pressure. As insolvency specialists, we know early intervention opens up more options for recovery and restructuring. BWA Insolvency has guided countless businesses through financial difficulties, and we've seen how timing and knowledge can make all the difference.
Business downturn doesn’t have to mean business failure
Facing business difficulties? Discover how strategic planning and expert guidance can help you avoid liquidation and steer towards recovery. Our insolvency expert shares tips on the areas of business you need to address in New Zealand's challenging market. Find out how acting fast can save your business.
Liquidation or Restructure? How to make the right choice for your business
Do you need to make a decision between company restructuring and the liquidation process? Read insights from an insolvency expert on ways to choose between liquidation or restructuring and evaluating business viability, helping you make an informed choice for your company's future.
Navigating the Voluntary Administration Process: A Step-By-Step Guide
Our latest guide on Voluntary Administration demystifies the process and breaks it down into manageable steps. Understand your requirements, the roles of stakeholders, and how an experienced VA expert can guide your business back to calm waters..
Company Restructuring in New Zealand: Everything You Need to Know
Company Restructuring can provide businesses with strategies for efficiency and sustainability, particularly helpful amidst evolving business environments and market demands. Find out more about what Company Restructuring offers.
Understanding the role of an Insolvency Practitioner
Learn how an Insolvency Practitioner can help if your business is facing financial challenges and how they can assist with procedures such as Voluntary Administration (VA), company restructuring, and turnaround.
What is a Statutory Demand? And what to do if you receive one.
Why have I received a Statutory Demand? Understanding the consequences of receiving a Statutory Demand is crucial in avoiding potential liquidation and resolving outstanding debts.
The moratorium in the Voluntary Administration process
The process of Voluntary Administration automatically triggers a moratorium which freezes most action from creditors. Here's what happens during Voluntary Administration.
What to expect if you’re served a Statutory Demand
Received a statutory demand? Understanding the statutory demand process is your best chance to avoid liquidation. Make sure you understand your rights and the tight timeframes within which you must act.
Statutory Demands: Is IRD’s Covid-related leniency reaching its limit?
We were expecting to be busy when Covid first hit, but the predicted economic carnage didn’t materialise. And that’s largely down to the Government’s wage subsidy policy.
The case for Voluntary Administration – Insolvency Advice
As many New Zealand businesses predict difficult times ahead, we take a look at the benefits of Voluntary Administration and why you would choose it over liquidation. Expert advice from an insolvency specialist.
The New Economic Climate
There is a sense of buoyancy in the New Zealand economy. There are predictions of 4 per cent growth in GDP, and even mention of inflation. It seems that the COVID-19 pandemic...
How VA Helps Companies Get Back On Their Feet
Voluntary Administration is a process that helps businesses facing insolvency get back on their feet. Insolvency follows a well-worn pattern of value depreciation. It starts with...
Seeing the light in a failed business rescue plan
When the waves keep coming, the only way to overcome their weight and turbulence is to learn how to surf. Insolvency is very much like the breaking surf, bringing noise, confusion...