PPSA Checklist

This is an issue identification tool to help insolvency practitioners assess creditor securities under the PPSA.

The PPSA Checklist takes the user through a series of questions to produce a Considerations Report. This Report identifies the most common potential issues which may apply to the claim and guides practitioners in the potential impact of those issues.

We ask that you help us to help those facing difficult times

We are pleased to offer insolvency and restructuring firms a 30-day free trial of the Checklist. The PPSA Checklist will then be made available to your firm on an annual basis, upon confirmation that a contribution of $250 (or more!) has been made to our nominated charity. For the first two years, we ask that you contribute to The Song Room, a for-purpose organisation that works in partnership with schools and communities across Australia to provide disadvantaged children with high-quality music and arts learning programs to improve student outcomes, school engagement and opportunities for success.

Benefits include:

• Streamlining the assessment of creditor claims under the PPSA.
• Comfort that the PPSA Checklist will be kept up-to-date with key legal developments.
• Help Text provided throughout, to explain important PPSA concepts.
• Provides an automatically generated Considerations Report, setting out the most common issues that should be considered in that creditor’s claim, with a ‘traffic light’ assessment of the potential impact of those issues.
• Provides a Transcript of all questions answered, so that you have a clear record of what factors were considered in assessing the claim.
• Individual log-ins, so each user can track their own Checklists.

The PPSA Checklist is also able to:

• Assess multiple registrations by the one creditor.
• Be ‘saved’ at any point, with the ability to generate an interim Considerations Report and Transcript, for example if particular points need to be discussed internally or further information is needed from the creditor.