The word liquidation can strike fear into most people and many are completely unaware of both their options and obligations. That is why it is essential to seek expert advice from a liquidator registered by ASIC. At Australian Debt Solvers we have in-house liquidators registered by ASIC. Outside of hands-on professional advice, our team has collated research material for businesses and individuals who may be experiencing challenging times. This includes case studies and best practise examples that outline the process of liquidation and potential alternative options. We also provide the latest research and commentary on legislative changes and current economic climate.
Time, money and effort go into building a company. And the same is true when it’s time to wind up that company. If you’re considering winding up your business, liquidating assets or entering administration, you should first know the different types of liquidation and how much they could cost.
Employees are one of the main parties impacted when a company goes into liquidation. Many employees are unaware of the process and their rights moving forward. Learn more about what happens to employees when a company goes into liquidation.