Brian’s Voluntary Administration and new Budget success story
Key Results at a Glance
Brian’s story
Brian
QueenslandBrian's medium-sized construction company faced unmanageable debt due to an economic slowdown and internal management issues. Wanting to save the business and his employees' jobs, he sought our help. We assessed the business as viable, communicated with stakeholders, and drew up a Deed of Company Arrangement (DOCA).
Age
Unspecified
Employment status
Full-time employed
Location
Queensland
Household type
Unspecified
Employment
Construction company owner
The Challenge
Despite years of hard work, a combination of market forces and operational hurdles left Brian’s construction company trapped under insurmountable debt.
Economic Slowdown
A shift in the broader economy severely impacted the company’s cash flow and project pipeline.
Internal Management Issues
Operational inefficiencies and internal roadblocks compounded the financial strain on the business.
Unmanageable Debt Levels
The company’s financial obligations rapidly grew beyond what current revenues could support.
Threat to Livelihoods
The impending risk of insolvency meant Brian’s dedicated employees were in severe danger of losing their jobs.
The Solution
Viability assessment
Stakeholder communication
Strategic restructuring
Job preservation
Why this approach worked
Getting started is easy and straightforward
A Viable Path Forward for Creditors
By establishing a DOCA, we provided creditors with a better, more reliable return than if the company had been immediately liquidated, which secured their crucial buy-in.
Protecting the Workforce and Operations
Instead of shutting the doors, the Voluntary Administration process gave the business the breathing room needed to restructure. This allowed Brian to retain his experienced team and keep projects moving forward.
The Result
Brian successfully transitioned his construction company through Voluntary Administration. The accepted DOCA eliminated the immediate threat of liquidation, saved his employees’ jobs, and provided a realistic, structured framework to repay creditors while keeping the business alive.
Additional Benefits
Preserved vital supplier relationships through transparent communication
Mental clarity and reduced financial stress
Ability to focus on core operations with stabilised cash flow
On track to successfully exit administration and resume normal trading
Wiping Extreme Tax Debt
When Kelly’s sole trader tiling business left her with nearly $350,000 in ATO tax debt, losing her home, vehicles, and livelihood felt inevitable. Standard options weren’t viable, and bankruptcy would have ended her business entirely. We structured a Personal Insolvency Agreement, wiping 60% of her debt into a single affordable weekly payment – letting her keep her property, her vehicles, and her business.
Consolidating Massive Tax Debt
After years of running his own business as a shotfirer, Dom was left with $130,000 in debt – mostly owed to the ATO – and no way to manage it as a regular employee. Bankruptcy would have returned nothing to creditors and left him with little to show for his working years. We arranged a Personal Insolvency Agreement, wiping 40% of his debt and consolidating the rest into a single affordable weekly payment, letting him keep his vehicle and move forward free of ATO pressure.
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How Dom wiped $52,000 in debt and kept his motor vehicle
How Michael halved his $133,000 debt and avoided Bankruptcy
How Kelly wiped over $215,000 in ATO debt and protected her home and business
What our Customers are saying
Very helpful and eased a lot of my financial stress
The folks here have been very helpful. I couldn't be happier.
Thank you to Sarah who was amazing through the whole process
The stress lift was instant, the only mistake was me , i should have reached out sooner , life changing . THANK YOU THANK YOU
All relativlly smooth
Revive Financial are a professional company, providing excellent services and advice. Their staff are friendly and providing excellent financial reviving services.
Revive financial were magnificent in the way that they were able to sort everything out for me and all the support and help throughout. If you ever need assistance please I thoroughly recommend them.
Amazing customer service and made the whole situation so easy for me, do reccomend
I found the process a bit overwhelming but was put at ease, with the service I received. I thought it would be a difficult process but with a lot of guidance and patience from Revive the overall experience was great.
I honestly can’t thanks Cloe night, she was patient, caring and thorough. I felt supported and that she really cared! This has changed my life, I no longer have the stress of where I will find the money to pay my debts! Thank you from the bottom of my heart 🙂
Sarah has been very helpful and quick with responding great to work with
I cannot thank Revive financial enough for their life changing help. From the very first phone call, Nick Smith was incredible empathetic , patient and professional. They took away the crushing weight of my debt and made me feel cared for rather than judged. Highly recommended Revive financial and Nick Smith😊
Really positive experience. Very helpfulful and my many question were always answered very fast
I can’t recommend Revive highly enough. Before contacting them, I felt like I was drowning in debt and had no idea where to start. The stress was overwhelming, and I was embarrassed about my situation. From the very first conversation, the team made me feel comfortable and never judged me. They explained everything in simple terms and made the whole process incredibly easy to understand. What I thought would be complicated and stressful turned out to be straightforward and manageable. The biggest surprise was how quickly the weight started to lift off my shoulders once I had a plan in place. The process wasn’t embarrassing at all—in fact, it was a huge relief talking to people who genuinely wanted to help. If you’re struggling with debt and feeling overwhelmed, don’t put it off. Reaching out to Revive was one of the best decisions I’ve made
Cloe was amazing
Staff are friendly and very helpful. Got me through a tough financial time …. Highly recommended
Outstanding Customer Service
Mason was incredibly amazing and so understanding. It made everything go so much smoother
They are fantastic to work with. Efficient and professional with caring about your situation. Every step of the way is explained and you feel like you're able to breathe again. Great 👍
