Cosm Insolvency Advice
Protect Your Business or Protect Yourself.
We Help With Both.
Your business is under pressure and you need expert advice.
Whether it’s ATO demands, mounting creditor pressure, deteriorating cash flow, or uncertainty about your director obligations – you need answers, not assumptions.*
Understand Your Position. Know Your Next Move.
Maybe you’re asking: “Am I at risk of trading insolvently?”
Or maybe you’re asking: “How do I protect my home and family from personal guarantees?”
Both are the right questions. The answer depends on where you are – and how quickly you act.
We Guide Directors Through
2 Critical Stages
Business Review & Solvency Assessment
You need to know if you’re trading insolvently. This isn’t just about peace of mind – it’s about your legal obligations and personal liability.
We help you assess honestly:
- Is the company actually insolvent right now?
- Are you at risk of personal liability for insolvent trading?
- What are your duties and obligations as a director?
- Is the business genuinely viable with the right changes?
- Are there restructuring options that could work?
If there’s a path forward, we’ll find it and help you execute it. If there isn’t, we’ll tell you-and immediately shift to protecting you personally.
Director Protection & Personal Asset Defence
When the business cannot be saved, the focus shifts to protecting you and your family.
We help you navigate:
- Director guarantees and personal exposure
- Protecting your home and personal assets within the law
- Minimising liability from director penalty notices
- Understanding bankruptcy vs other options
- Negotiating with creditors holding guarantees
- Meeting your legal obligations while protecting what matters most
The critical point: The earlier you engage us, the more options you have in both stages.
Cosm provides financial and commercial advisory services. We do not provide legal advice and recommend clients engage independent legal counsel.
Why Acting Now Matters
Every day you delay, your options narrow and your personal risk increases.
- You may be trading insolvently right now-creating personal liability
- Creditors become less willing to negotiate
- More debt accumulates that you may be personally liable for
- Director penalty notices get issued
- Personal guarantees get called
- Your home becomes at risk
- Director penalty notices turn into personal debt
- Options to protect assets diminish
Our Services
Business Review & Solvency Assessment
Solvency Assessment:
- Are you trading insolvently right now?
- Cash flow and balance sheet solvency analysis
- Directors' duties assessment
- Trading while insolvent risk evaluation
- Insolvent trading exposure identification
Business Viability & Options
- Honest evaluation: Is the business saveable?
- Informal creditor negotiations
- Small Business Restructuring (SBR)
- Voluntary Administration pathway assessment
- DOCA structuring
- Operational and financial turnaround options
Director Protection & Personal Asset Defence
Personal Exposure Assessment:
- Full mapping of director guarantees and exposure
- Home and asset protection strategies
- Director penalty notice (DPN) risk and response
- Personal bankruptcy assessment and alternatives
Asset Protection & Liability Management:
- Negotiating with creditors holding personal guarantees
- Voluntary liquidation vs receivership pathways
- Director penalty notice defence
- Protecting superannuation and exempt assets
- Post-insolvency recovery strategy
Urgent Assessment Available
Business Review & Solvency Assessment – Fixed price
Assessment in 3–5 days:
- Are you trading insolvently? Clear answer.
- What are your obligations as a director right now?
- What's your personal risk exposure?
- Viability assessment and options
- Immediate action plan
Why Boutique is Better
in a Crisis
Large consultancies hand you 3–6 juniors on premium rates who’ve never been in your shoes.
At Cosm, you get direct access to experienced advisors.
We know the pressure. We also know the law, the options, and how to protect directors who act responsibly.
Senior-led involvement. Start to finish. No juniors. Just clear, honest advice when you need it most.
What Makes Cosm Different
Two-stage expertise
Assess business position, then pivot to protecting you if needed
Director-focused
Your family’s security is our priority
Rapid response
Assessment within 3–5 days
Dual qualification
Admitted lawyers with finance expertise
Honest assessment
We’ll tell you the truth about whether the business can be saved
What Happens If You
Don't Act?
- You may be trading insolvently – creating personal liability
- Director guarantees will be called and enforced
- Your home can be seized to satisfy guarantees
- The ATO will issue director penalty notices-making you personally liable
- Personal bankruptcy may become inevitable
- You could be banned from being a director
- We can give you certainty about whether you’re trading insolvently
- We can explore every option to stabilise or restructure
- Or we can help you protect your home and assets within the law
- We can ensure you meet your obligations while protecting what matters most
Are You at Risk of Trading Insolvently?
We are the people to call.
We’ll assess your position honestly, explain your options clearly, and help you make the right decisions.
Whether it’s stabilising your business or protecting your home-we’ll guide you through it.
Call Us Today
30 minutes. Confidential. No obligation.
You don’t have to face this alone.
*Cosm provides financial and commercial advisory services to businesses. While some of our team members are legally qualified, we are not acting as lawyers in providing commercial advice, nor do we intend for any advice to be considered legal advice. We do not provide financial product advice to consumers. We recommend clients engage independent legal counsel and licensed financial advisers as appropriate. The information on this website is for general information purposes only.