---
title: "Organise the evidence for an urgent solvency review"
url: "https://ailawframework.com/practice/insolvency-restructuring-and-bankruptcy/organise-the-evidence-for-an-urgent-solvency-review"
type: "task"
site: "AI Law Framework"
id: "A8-P20260916-2"
practice_area: "Insolvency, Restructuring & Bankruptcy"
tier: "red"
lawyer_review: "required"
last_reviewed: "2026-09-23"
---

# Organise the evidence for an urgent solvency review

> Create a dated evidence index of cash, overdue debts, commitments and forecasts; flag missing or inconsistent records without issuing a solvency conclusion.

Canonical page: https://ailawframework.com/practice/insolvency-restructuring-and-bankruptcy/organise-the-evidence-for-an-urgent-solvency-review  
Last reviewed: 2026-09-23

Site index for agents: https://ailawframework.com/llms.txt

## Key facts

| Fact | Value |
| --- | --- |
| Practice area | [Insolvency, Restructuring & Bankruptcy](https://ailawframework.com/practice/insolvency-restructuring-and-bankruptcy.md) |
| Human involvement | Red: Lawyer writes; AI may check, clarify or collect data |
| How AI is used | Create a dated evidence index of cash, overdue debts, commitments and forecasts; flag missing or inconsistent records without issuing a solvency conclusion. |
| What the lawyer must review | Assess the financial position and legal consequences with specialist input Separate reliable current information from forecasts or management assurances |
| Written for / versions | — |

## Checking plan

**Lawyer leads the decision**

An evidence index and urgent issues list for a specialist solvency review.

- What the AI does: Create a dated evidence index of cash, overdue debts, commitments and forecasts; flag missing or inconsistent records without issuing a solvency conclusion.
- What the lawyer does: Assess the financial position and legal consequences with appropriate specialist input. Distinguish reliable current information from forecasts or management assurances.
- Who reviews: The lawyer responsible for this task
- Basis: Suggested checking workflow informed by the linked official sources. The workflow and traffic light are framework guidance, not a source-issued AI classification.
- Why: A focused work product makes the review proportionate: check the source inputs and every material result, then resolve the specific exceptions before relying on it.
- Restriction: Escalate immediately if debts may not be paid when due or a statutory notice has arrived. Do not use an AI summary to certify solvency, safe harbour eligibility or permission to incur further debt.
- Written for: AU

## Checks the lawyer makes

1. Confirm the relevant entities, review date and immediate debt or enforcement events requiring urgent attention.
2. Reconcile cash, debt due dates, payment defaults and commitments to primary financial records.
3. Test the completeness and assumptions of forecasts and proposed funding; identify unavailable or contingent funds separately.
4. Refer the evidence and unresolved issues for the responsible specialist’s advice on trading, restructuring and any required action.

## Practical guide

Jurisdiction: Australia. Corporate insolvency; personal bankruptcy and other processes require their own analysis.

**Deliverable**: An evidence index and urgent issues list for a specialist solvency review.

**Inputs**

- Current cash and bank records
- Aged creditors, liabilities and payment notices
- Cash-flow forecasts and proposed funding evidence

**Example**: A forecast assumes a shareholder injection, but there is no committed funding. Identify the assumption rather than treating that amount as available cash.

**Stop and escalate when**

- Escalate immediately if debts may not be paid when due or a statutory notice has arrived.
- Do not use an AI summary to certify solvency, safe harbour eligibility or permission to incur further debt.

Checked 2026-09-16.

## Sources

- [ASIC: Insolvency for directors](https://www.asic.gov.au/regulatory-resources/insolvency/insolvency-for-directors) (checked 2026-09-16)

*Practice guidance for planning and review. Confirm current primary sources and the requirements of the actual matter. This is general information, not legal advice.*