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Accounting and Corporate Regulatory Authority

Managing company debt: Charges, receivership & judicial management

Learn about using assets as security, what to do if debts are unable to be repaid, and the roles of receivership and judicial management.

Last updated 30 January 2026

What happens when a company is unable to repay its debts

If your company is unable to repay its debts several things can happen, such as debt restructuring, receivership, and judicial management.

Registering a new charge

Charges let lenders claim company assets if loans are not repaid. Register new charges within 30 days after the creation of the charge to avoid penalties.

Filing satisfaction of charges

Chargors or their appointed corporate service providers (CSPs) need to file a statement when a registered charge has been fully or partially satisfied.

Filing variation of charges

Chargors or their appointed corporate service providers (CSPs) need to file a variation of charge to update the terms of an existing charge.