What is a director’s advocate, and what role do they play?

What is a director’s advocate, and what role do they play?

Ginette explains the role of a director’s advocate and how they support directors by prioritising their interests and responsibilities. Learn about the key duties directors must understand to avoid insolvent trading and ensure compliance with the Corporations Act.

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Any or all of these reasons for business owners with a Pty Ltd company who:

  • have closed or are likely to close their business without any money left 
  • cannot afford $15,000 but want to place their company into liquidation  
  • want to do the right thing and inform their creditors properly about the business closing down 
  • want to draw a line in the sand so they can get on with their future.

If you have personal assets you want to protect, like a family home or director’s guarantees, this may not be for you, but you should ask us.