Founder Eddie has over 20 years’ experience in business recovery, insolvency and turnaround management. Drawing on his comprehensive working knowledge of insolvency law and practice, Eddie assists individuals facing financial distress.
As a qualified practising insolvency accountant, Eddie Griffith operates a professional business advisory practice for distressed or underperforming small and family businesses (turnabout.com.au). Eddie is partnered with with ReGroup Solutions (ReGroupSolutions.com.au), who specialise in short timeframe turnaround solutions and help businesses avoid failure.
Eddie is also a founding member and Chairman of the Association for Business Restructuring & Turnaround (ABRT) an professional body focused on the sustainable recovery of businesses and promoting economic regeneration.
Eddie takes pride in confidently tackling the multiple and complex issues that individuals face in times of financial crisis and uncertainty.
"It has been acknowledged that multiple debt management, financial advisory and insolvency firms have been engaging in predatory behaviour; taking advantage of vulnerable consumers facing financial hardship.
I am passionate about the ongoing development of legislation, regulation and support services for consumers facing financial distress. The COVID-19 pandemic has intensified the need for regulation in the financial advisory sector.
I support the new credit licensing requirements for debt management firms as this brings credibility to a profession that will undoubtedly be of considerable benefit to consumers."
Eddie Griffith
Debt Management Services ™
Australian Banking Association, The Hon Josh Frydenberg MP and ASIC
Australian Credit Licence: 533933 | AFCA Member: 86551
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