Why Worrells

Worrells is a well established firm having being founded in 1973. With 17 partners and over 100 staff in 12 locations across QLD, NSW, ACT and VIC, we draw upon broader resources and technical expertise enabling us to be focused locally while being resourced nationally.

But, why Worrells? There are 7 good reasons:

1. Specialist Firm

Worrells has 17 partners down the eastern states and territories with a combined experience in the insolvency and financial investigation industry in excess of 300 years. Applying this experience, gained over a wide range of industries and professions, our partners are able to bring a wealth of practical expertise to all appointments.

Worrells has:

17 Registered and Official Liquidators
13 Registered Trustees in Bankruptcy
3 Certified Fraud Examiners

2. Capable

We have undertaken in excess of 25,000 appointments across the full business spectrum, encapsulating both secured and unsecured appointments, covering both companies and individuals. We have a wide range of experience in all types of administrations.

3. Technology

We use the latest technology, with our suite of proprietary computer programs developed in-house and designed specifically for insolvency administrations and forensic investigation. These systems guarantee the proper documentation of files and investigations, and ensure that files are conducted as efficiently as possible.

Our standardised system means that we do not need to reinvent the wheel with each appointment. Each task has been perfected and systemised. This system is at the heart of our quality and cost control.

4. Communication

Our communication procedures tell you the how, what, where and how much on a file quickly and regularly. Using traditional communications, email and our website, we keep clients fully informed. We will also respond to any enquiry promptly.

This website also contains:

  • Information and reports on all administrations - updated twice daily;
  • Information sheets on insolvency types, insolvency issues and fraud issues;
  • The ability to download the more commonly used forms in insolvency estates;
  • Resource pages on insolvency and fraud issues for other professionals;
  • A library of e-Update articles on topical, relevant issues.

Creditors are able to lodge proofs of debt online and to vote on virtual meetings and lodge proxy forms in corporate administrations, so that stakeholders involved in the files can communicate with us more quickly and easily.

5. Reporting

We deliver information for a living. We have developed reporting procedures so that all information will be brought to client's attention at the earliest possible time in the most convenient manner, whether in hard copy or electronically.

6. Costs

Our simplified solvency management rates combined with our state of the art systems provide a price competitive result. We never charge for juniors to file, photocopy or make coffee.

7. Respect

We know that both debtors and creditors are under great stress at these times. We make sure that everyone is treated fairly, with respect and due consideration.