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Give your business its best chance to survive with a Voluntary Administration

Let us help your business regain financial stability and deliver a better financial return for all parties involved.

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Voluntary Administration Experts

If your business is in trouble, Revive Financial can provide tailored advice and clear guidance so you can make confident decisions about the future of your company. We support you through the Voluntary Administration process to help you avoid insolvent trading, personal liability and potentially Liquidation.

Our professional team has over 43 years of combined experience in the financial industry and consists of Registered Liquidators, Chartered Accountants, Private Bankruptcy Trustees, Turnaround Specialists and Financial Advisors. We have been helping businesses across Australia return their company to profitability through Voluntary Administration for over ten years.

What is Voluntary Administration?

What is Voluntary Administration?

How to Enter Voluntary Administration

Voluntary Administration is the process where the control of an insolvent company is given to an Administrator. This can be to provide breathing space from creditors, to assess the options available, and formulate the best outcome for the business and its creditors.

In order for the company to survive, the directors (or anyone who wishes) must propose a Deed of Company Arrangement (DOCA) for creditors to consider. A DOCA proposal provides creditors with the best return the company can reasonably afford, generally less than the full amount of the debts. The Administrator will report on the expected outcome (ie. cents/$ return) for creditors under the DOCA proposal and liquidation and provide an opinion as to which option is in creditors’ best interests.


Voluntary Administration

Our business insolvency experts can help get your business debts back under control.

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A DOCA can prevent your business from going straight into Liquidation.


Wind-up Notices

Receiving a wind-up notice is serious. We can help you act fast and utilise all options.

Why Voluntary Administration?

The main objective of a Voluntary Administration is to give a company the time it needs to restructure its affairs without the pressure of creditors seeking repayment or entering into a Deed of Company Agreement (DOCA).

The Voluntary Administration process best suits companies looking to continue trading while undertaking a formal restructure. This would include a compromise with its creditors before declaring bankruptcy.

This will give the company the best chance of survival. It may also save its directors from having to wind up the business and possibly declare bankruptcy.


Voluntary Administration gives you time to collect your thoughts and create a plan to get your business back on track by:

  1. Providing a quick resolution of your business’ future.
  2. Giving your business the best chance to restructure its affairs and continue trading.
  3. Administering your business’ affairs to provide creditors with the best return possible.
  4. Providing your business with a respite from legal actions.

Worried about insolvency or declaring bankruptcy? For more information on Voluntary Administration, get in touch with us to arrange a confidential consultation.

Get a Free 30 Minute Consultation

Steps to Enter Voluntary Administration

Step 1: Talk to a Revive Financial Specialist

Voluntary Administration is used by businesses who are experiencing a short-term cash flow issue or a sudden, temporary drop in profits.

Speaking with a Revive Financial specialist will help. Our experienced team can help you understand your financial position and find the best way to move forward.

Step 2: Appoint an Administrator in Writing and by a Board Resolution

Appoint a Voluntary Administrator to take control of the business. The Voluntary Administrator investigates the status of the company and provides a report to the creditors. This report will also include their recommendations on what they believe is in the creditors’ best interests.

Step 3: Creditors Call a Creditors Meeting

Creditors will hold a meeting within five weeks of the Voluntary Administration to decide on the company’s future. Creditors can decide to either:

  • Return the company to the control of the directors.
  • Have the company enter into a Deed of Company Arrangement (DOCA).
  • Place the company into liquidation.

Our Voluntary Administration Process

Voluntary Administration gives your business the time it needs to restructure its affairs without the pressure of creditors seeking repayment. During the process, an external, independent Voluntary Administrator takes control of your business to manage its affairs.

At the end of the Voluntary Administration process, creditors vote to either:

  1. Approve a Deed of Company Arrangement for the company to pay off its debts.
  2. End the Voluntary Administration process and return the company back to the director/s control.
  3. Wind up the company and appoint a Liquidator.


“Very professional and understanding, took the pressure off me when I needed. Also very quick to finalise everything. Would definitely recommend them.”

What Makes Us Great


Registered Liquidator


Registered Bankruptcy Trustee


CPA and CA Qualified Accountants


Professional Members of TMA


Professional Members of ARITA


Rated 4.9 out of 5 on Trustpilot

Not sure if Voluntary Administration is right for your business? Get in touch with our business debt specialists today for a free business health check and analysis.

Get a Free 30 Minute Consultation

How to Enter Voluntary Administration

How Long does Voluntary Administration Last?

The Administrator must submit their report to the creditors 5 weeks from the date of their appointment. For more complicated cases, this timeframe can be extended.

Why Enter Voluntary Administration?

Voluntary Administration provides much-needed breathing room for companies in financial difficulty. During the Voluntary Administration period, your creditors must stop their collection activities. Your administrator will also look at your company structure to see if it can be saved. The Administrator might find the company is heading towards insolvency.

If your company is only in short-term financial trouble, Voluntary Administration is the best solution for you.

How do I Start Voluntary Administration?

To enter Voluntary Administration, the Directors must pass a resolution in a Board meeting. They must then present the vote in writing and appoint an administrator.

How Much does a Voluntary Administration Cost?

Each Administration is different so there is no one answer. The cost of the Voluntary Administration will depend on:

  • the size of the company
  • the complexity of the financial hardship
  • the number and type of creditors
  • the work that needs to be performed.
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