Why Worrells
Worrells is a firm dedicated to the areas of Solvency Management, Insolvency Administration and Financial Investigation. The firm has a long history, with founding and senior partner, Ivor Worrell, being recognized as a senior and experienced insolvency practitioner.
But, why Worrells? There are 7 good reasons:
1. Specialist Firm
Worrells has 14 full time practitioners down the eastern states with a combined experience in the insolvency and financial investigation industry in excess of 250 years. The practitioners are all mature and experienced and recognized in their states.
Worrells has:
14 Registered and Official Liquidators7 Registered Trustees in Bankruptcy
2 Certified Fraud Examiners
2 Forensic Accountants
2. Capable
We have undertaken in excess of 25,000 appointments in both the small and medium business arena, in both secured and unsecured situations, with both companies and individuals. We have a wide range of experience in all types of administrations.
3. Technology
We use the latest technology, including computer programs developed in-house and designed specifically for insolvency administrations and forensic investigation. These systems ensure the proper electronic documentation of files and investigations, and ensure that files are conducted as efficiently as possible.
Our standardized 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 paper advices, email advices and this website, we keep clients informed. We will also respond to any enquiry as soon as possible.
This website also contains:
- Information and reports on all administrations - updated daily;
- Information sheets on insolvency types, insolvency issues and fraud issues;
- The ability to request consents at any time online;
- The ability to download most of the more commonly used forms in insolvency estates;
- Resource pages on insolvency and fraud issues for other professionals;
- A library of conference papers and newsletter articles on topical issues.
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.
6. Costs
Our Simplified Solvency Management Rates were developed due to the withdrawal of the Scale of Rates of the Insolvency Practitioners Association of Australia. This scale reduces the amount of levels of professional staff and allows the appropriate charges to be made to each file.
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.
Last Updated: 1.7.2008