Alco Building of Perth were in severe debt when they approached Australian Debt Solvers. ADS managed the entire liquidation process, removing the stress from the directors.
Australian Debt Solvers were approached by Jo, one of the Directors of Alco, who was extremely stressed over the situation.
The company owed hundreds of thousands of dollars. As is common in the construction trade, Alco were also owed a lot of outstanding money by debtors, who were extremely unlikely to pay.
ADS talked Alco through what to expect through the liquidation process and worked through the situation appointing an ADS liquidator.
The Directors got back their sanity, and the Liquidation team are closing down the company as per regulations and due process.