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Our Liquidators and Liquidation Services

At Australian Debt Solvers we have 3 ASIC Registered Liquidators and ARITA Professional Members who lead a team of over 40 insolvency accounting staff. We provide a low cost (the lowest price in Australia) liquidation service. We action more liquidations in Australia than almost any other firm and have a simple, stress-free, and quick process of helping Directors who need our expert advice.


  • In-house ASIC Registered Liquidators, Administrators and Receivers
  • CPA and CA Qualified Accountants
  • ARITA (Restructuring & Turnaround Association) memberships in-house
  • Over 40 staff
  • Offices in Sydney, Melbourne, Perth, Brisbane, Gold Coast, Adelaide, Townsville and Darwin
  • One of Australia’s fastest growing insolvency firms
  • Dedicated enquiry team with 24/7 service
  • National legal network and expertise
  • Diverse funding and finance options if required
  • Rated 4.9 out of 5 on service review site Trust Pilot

If your company is in need of fast, low cost, liquidation services – contact us today for a free consultation

Apply now

Our Liquidation Services

If your business has too much debt, you’re concerned that you may be trading insolvent, and can’t see how the business can continue to trade – speak with us as soon as possible. We can help provide a Creditors Voluntary Liquidation (CVL) or Voluntary Liquidation to wind your business down quickly and efficiently for the lowest cost to help you get back on your feet.

Creditors Liquidation

Close down your company, close off the debt in the most efficient way possible. At the lowest cost

Members Liquidation

With ADS as your liquidator, an MVL is a straightforward and easy way to wind up a company quickly

Provisional Liquidation

We can act as Providisional Liquidators and take controle of the company, while an issue is being sorted

Meet Our Liquidators

With offices in every state – you can meet with one of our professional insolvency practitioners for expert advice for FREE and with no obligation. We have 3 ASIC Registered Liquidators: Domenic Calabretta, Grahame Ward and Thyge Trafford-Jones.


We have helped hundreds of Australian

business owners to start over

Help for a Distraught Director and Accountant

Australian Debt Solvers were extremely competent and spent a great deal of time answering our questions. Everything was set out clearly and in a helpful manner with easy to understand instructions. Advice was given with the greatest consideration. I would strongly recommend them to anyone who needs help with company liquidation.

They answered every question we asked within a very short space of time. Nothing was too much trouble and they were very understanding – knowing how hard it is for a business to come to this decision.

I have told other Accountants about the great service they provide.


Keeping a profitable business, after the Court had appointed a Liquidator

We spoke to ADS after our company had already been wound up by the courts. We wanted the assets from the liquidated business, but didn’t know how to get them. We called Debt Solvers and they took care of everything….they got an “Authority to Act” from us, spoke to Deloittes who were the Liquidator, negotiated the sale of the assets, set up a new company for us…….and we are now going from strength to strength. Money was well spent with ADS!

Gary & Jo, UFIF Engineering

Turning around a company that owed too much to the Tax Office

Our company is a Medical recruitment agency with mostly Government based clients. We had a good sales forecast……but were heavily weighed down with debt, mostly from the ATO. I met with Debt Solvers….when I thought I was going to lose the business. They talked me through Voluntary Administration where you offer creditors a reduced amount, and you pay the reduced debt over 12 months – which is called a Deed of Company Arrangement. Our creditors agreed on the offer, and we have gone from strength to strength. ADS even organised a Debtor Finance company to assist with our cashflow at a reasonable rate. Considering I thought we were going to lose the business – an great result!

Shaun, Beat Medical

We’ve helped thousands of Australian Business Directors with the Lowest Price Liquidations in Australia!

Australian Debt Solvers takes up to 10 enquiries per day from Australian Companies that have debt issues. A lot of these have under $100,000 of unsecured debt, with no company assets, and simply need to close the company down. Debt Solvers does this for a fair price, efficiently and with empathy for the Director. It’s a service that has proven extremely useful for Directors, right across Australia.

A low cost Voluntary Administration service to get companies back on their feet

Australian Debt Solvers hears from a lot of Directors, where there company could be profitable and trading well, but they are being tied down by too much debt – of which the majority is usually the ATO. We have worked through with hundreds of companies – a Voluntary Administration – where we negotiate and reduced amount of debt to creditors over usually a 12-24 month period. This is called a Deed of Company Arrangement….and is an extremely effective method of assisting companies to “get back on their feet”. Debt Solvers charges a fair price through this process…….and it’s great to see a business go from strength to strength after this service.

Blows competition out of the water

Firstly Dave showed compassion when the other liquidator was very impersonal. Secondly Australian Debt Solvers are helpful – there was stuff Dave didn’t have to tell me as he is just dealing with our company not our personal affairs. However he answered all my questions which makes it easier and gives me a lot more confidence that we are not breaching rules as we wind down. Thirdly, the fee is so much cheaper than a traditional insolvency practice. So far I am very impressed with Australian Debt Solvers. I will post another review once we have completed the process.

Sandy Sue

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Business Liquidation FAQs

What is Liquidation?

Business Liquidation is the process of wrapping up a company and finalising its affairs. A Liquidation is conducted through the Corporations Act and typically involves the collecting of assets, commencement of investigations, and distribution of funds to secured creditors, unsecured creditors and then shareholders.

There are four main types of Business Liquidation:

  1. Creditors Voluntary Liquidation — this is the most common type of Liquidation, and is one that directors and shareholders opt for to voluntarily appoint a Liquidator to an insolvent company.
  2. Members Voluntary Liquidation — this is used to voluntarily finish the business matters of the company.
  3. Provisional Liquidation — this allows for an independent third party to take control of the company while an issue is being sorted out; or to protect the assets while an Administrator is being appointed.

Once a Liquidator is appointed, they are required to follow a strict time frame and once the company is placed into Liquidation, the Liquidator will notify creditors.

This notification is made public and will be listed on the Australian Securities & Investments Commission (ASIC) website, meaning that the company’s suppliers will also know that they are going into Liquidation.

Business Liquidation should be seen as a last resort. For additional information, download our free e-book.

When is a Liquidator appointed?

If a company is unable to pay off its debts to its creditors, and it is unlikely that the company will have the means to in the foreseeable future, then a Liquidator may be appointed to end the business. A Liquidator is typically appointed when all other avenues of recovery for the company have been explored. Liquidation should be seen as a last resort as once the process begins, the company will be terminated.

A director may choose to Liquidate a company for many reasons and, depending on the situation, it may be the best option for all concerned. A director of an insolvent company will be placed under immense stress and will have to cope with pressure from shareholders, creditors, and employees.

Liquidation often helps to protect directors from the punishable act of Insolvent Trading, help to protect a director from personal liability for tax debts, and allow the director to move on by bringing the old business to a close.

What happens to a business in Liquidation?

What happens to a business in Liquidation can differ slightly depending on the type of Liquidation that is commenced.

Once the Liquidator is appointed they will run a process that will include:

  • The lodgement of various documents at ASIC
  • Advising a variety of government organisations such as the Australian Tax Office and government revenue offices
  • Requesting directors to answer questions and deliver the books and records of the company to the Liquidator
  • Collecting and selling the company’s assets
  • Preparing a ‘Creditors Report’ and hold a meeting with creditors
  • Reviewing company files and records and reporting the findings to ASIC
  • Potentially commencing recovery processes if hidden assets should be recovered,
  • If funds are available, pay a dividend to creditors
  • Finalise the liquidation process by preparing a Final Report for Creditors, lodge various documents with ASIC and request that ASIC deregister the company

In a Creditors Voluntary Liquidation or a Members Voluntary Liquidation, appointing a Liquidator is relatively easy. Directors are simply required to sign a resolution document and then a resolution document is to be signed by the shareholders of the business. Next, the company will contact a liquidator such as Australian Debt Solvers. In order to appoint a Liquidator they must provide written consent to act as Liquidator for the company.

What is the difference between Liquidation and Voluntary Administration?

Business Liquidation and Voluntary Administration are two different process with very different potential outcomes. When a company enters into Voluntary Administration, an Administrator is appointed to take control of the company and make key decisions regarding the future of the business.

Voluntary Administration presses the ‘pause’ button on the company and temporarily grants the business a reprieve from creditors. This pause may give the business enough time to sell assets and generate enough money to pay its debts. An Administrator may decide to hand control back to the directors, and the company could well go on to trade at a profit once more.

Liquidation, on the other hand, should be seen as a last resort, and opted for only when all other avenues have been explored. A Liquidation’s sole purpose is to end the company, selling assets, and paying back creditors.

A company going through Liquidation has no chance of surviving and, once the process has begun, the company’s directors generally cannot seek advice from Administrators or get input from the creditors.

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