From Why to Wealth
Welcome to the From Why to Wealth Podcast, where we discuss topics from home loans to managing debts and building wealth to last you and your loved ones a lifetime.
Join us in each episode to gain knowledge and strategies from certified financial experts and learn the intricacies of managing your money and time effectively.
From Why to Wealth
If I Had $150K in ATO Debt, This is Exactly What I’d Do | Ep. 10
Experience a simple, fast, stress-free loan process tailored to your financial needs. Contact us at https://www.thefinanceco.group/
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In this episode, we’re joined by Peter Wyszenko, Managing Director of APICKLE, a firm that specialises in informal debt restructuring solutions that help Australian businesses regain control, protect their assets, and avoid liquidation.
We talk about why compounding liabilities like ATO debt, unsecured loans, and personal guarantees are catching business owners off guard, how the ATO is ramping up collections with over 52,000 Director Penalty Notices issued, and why communication—not silence—is the key to surviving financially.
We also break down how SBR works step-by-step, what most people misunderstand about credit reports post-restructure, and how business owners can still refinance or buy property even after going through formal restructuring.
If you want to protect your financial future, avoid the mistakes that lead to personal liability, and learn how to turn short-term debt stress into long-term opportunity, then make sure to listen to this episode!
SHOW NOTES LINKS
https://www.linkedin.com/in/apickle/
https://www.instagram.com/apickle.com.au/
https://www.linkedin.com/company/apickle/
https://www.facebook.com/picklemoney
https://au.linkedin.com/in/gabriel-mikha-15727979
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LISTEN TO THE PODCAST
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FIND US HERE
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LinkedIn: https://www.linkedin.com/company/isav-group/
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YouTube: https://www.youtube.com/@fromwhytowealth/
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CONTACT US
Email: info@thefinanceco.group
Contact No.: 02 8004 5020
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TIME STAMPS:
00:00 Intro/Hook
01:03 Introduction of Guest
01:20 Small Business Restructuring (SBR) Overview
03:43 Impact of ATO Debts on Businesses
06:33 Process and Benefits of SBR
10:10 Role of Commercial Brokers and Insolvency Practitioners
23:09 Emotional and Practical Considerations
23:36 Future Borrowing and Financial Stability
24:46 Mistakes to Avoid After SBR
32:51 Conclusion and Final Thoughts/Outro
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DISCLAIMER
The information provided in this podcast is for general purposes only and should not be considered personal advice. Always consult with qualified professionals or experts in the relevant field for personalised advice tailored to your specific situation.