Bankruptcy and Financial Difficulty

Asset protection and recovery

Anyone can find themselves suffering financial difficulty due to a range of personal circumstances and external events. To achieve the best possible outcome, it is critical to take action early. Seeking professional assistance may avoid or limit the consequences of your financial situation. A bankruptcy lawyer from our team can advise you on the options available if you have encountered financial difficulty and the relative merits of each alternative.  You may even be able to avoid bankruptcy altogether.  We have helped many people in the Cairns and North Queensland region who experienced financial difficulty achieve a brighter financial future.

Miller Harris Lawyers works closely with our clients to review legal alternatives or develop a debt management strategy. We will also work with trustees, creditors and third parties to manage the bankruptcy process or other alternative arrangements.

We offer legal advice and services for:

Creditor applications and asset recovery

Sometimes, bankruptcy and asset recovery will be the only avenues left for a creditor to pursue. At Miller Harris Lawyers, we will advise you about potential recoveries and, the cost and benefit of any action. Our goal is to ensure the best commercial outcome for our clients.

Personal insolvency agreements

This process allows you to offer an arrangement to your creditors to satisfy your debts. Miller Harris Lawyers will work with you and your trustee to prepare and present a proposal to all creditors. The arrangement must be accepted by the majority of creditors but once accepted, is legally binding.

Asset protection

Miller Harris Lawyers can recommend a variety of strategies that can protect your personal assets from professional or commercial exposure. Such strategies can sometimes have significant tax implications so should only be implemented with professional, expert advice.

Meet the experts in
Bankruptcy and Financial Difficulty

Tim McGrath


Tim has over 25 years experience in the fields of commercial litigation, insolvency (personal and corporate), corporations law, statutory compliance and industrial relations.

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