Andrew Wily - Armstrong Wily - Insolvency Practitioner and Liquidator.

Armstrong Wily's strong client base and 40 year history reflects a depth of expertise and specialist knowledge.

Friday, 24 October 2014

Wild boar on rampage on farm just north of Sydney - By Andrew Wily

A farmer just north of Sydney requested the help- of recreational hunter Andrew Wily to solve a major problem with a wild pig that was rampaging across his property causing damage to stock and infrastructure. On Thursday night this week I was requested by the farmer to attend his property in an attempt to bring to an end the problems being caused by a feral wild boar that had been causing him problems. After driving to his property from Sydney...

Thursday, 23 October 2014

AFSA announces new Bankruptcy Register Search service

Australian Financial Security Authority (AFSA) Chief Executive, Veronique Ingram, today announced a new self-service option for people who need to obtain information about an individual’s current or past personal insolvency. Bankruptcy Register Search is an online service, available 24 hours a day, seven days a week. The fee to conduct a search is $12. AFSA maintains the National Personal Insolvency Index (NPII) – the permanent public...

Monday, 20 October 2014

Sunday trip to Boat Harbour

On Sunday I decided to take a trip to Boat Harbour down near Cronulla to see what it was like for surfing particularly on the stand-up paddleboard When we arrive the wind was light and offshore as there was a light northerly wind blowing. We drove onto the beach and parked opposite the reef which is only 50 m offshore. We unloaded the paddleboards and proceeded to paddle out to the reef which is about 400 m offshore which appeaedr to have a small...

Wednesday, 15 October 2014

Andrew Wily - Insolvency Uncovered

Andrew Wily is widely regarded as one of Sydney’s pre-eminent professionals in the highly challenging field of corporate insolvency and recovery. Graduating from Sydney University with a Bachelor of Economics in 1980 and as a member of the Institute of Chartered Accountants in Australia, Andrew trained in the KPMG Sydney practice before accepting an appointment to their London office for a two year period, where he gained valuable experience...

Andrew Wily - Personal Insolvency Australia

In Australia, insolvency is defined as ‘when a person is unable to pay his/her debts as and when they fall due for payment’.  Reasons why a person might suddenly find themselves coping with unmanageable debt, leading to insolvency can vary. They might include the loss of a job, family illness, or a collapse of family relationships, which are often beyond someone’s control.  This article reviews several options that could provide you...

Andrew Wily - Bankruptcy in Australia Part 3 – How to end your Bankruptcy?

Bankruptcy in Australia can be an attractive and viable option for some people wanting to settle their outstanding credit problems.  This article looks at how quickly a bankrupt can terminate or annul their bankruptcy and what can be done, if anything, about their poor credit rating.  How to terminate my bankruptcy? Bankruptcy in Australia lasts three years starting from the date you filed a Statement...

Andrew Wily - Bankruptcy in Australia Part 2 – What happens once bankrupt?

Bankruptcy in Australia may be a viable option for some people who want to settle their outstanding credit problems. This article provides some important personal bankruptcy information on what will happen once you are bankrupt to your current assets, travelling outside of Australia and your present job once you are declared bankrupt. What happens to my assets? Pursuant to Sections 58 and 132 of the Bankruptcy Act, upon declaring bankruptcy...

Andrew Wily - Guide To Declaring Yourself Bankrupt

There are two ways to become bankrupt. A creditor can petition the Court to declare you bankrupt by providing evidence that you have committed an act of bankruptcy, or you can declare yourself bankrupt – voluntary bankruptcy. If you are considering the latter option, it is recommended that you seek professional advice before taking this step. This article provides some helpful information on the process involved in declaring yourself bankrupt. Voluntary...

Andrew Wily - Debt Solutions and Options

If you are facing financial problems due to whatever reason, there are several debt solutions that can bring about an effective and immediate outcome.  The key is knowing which solution would best suit you and your circumstances. What debt solutions are available to me?There are several solutions to deal with unmanageable debt. These solutions are classified into two: informal and formal solutions. Informal solutions are not subject...