Business Liquidation Resource Centre

Australian Debt Solvers provides regular updates and articles written by industry professionals in our resource centre

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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 licensed and liquidators registered by ASIC such as Australian Debt Solvers. 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.

What is a Members Voluntary Liquidation?

A company might shut down involuntarily, due to court order or pressure from creditors or other parties. But what happens when a solvent company wants to shut down to stop trading permanently?

The Complete Guide to Business Liquidation

When your business is in financial trouble, there are a number of potential solutions available.

A Guide to Creditors’ Voluntary Liquidation

Of the different insolvency processes, liquidation is the most drastic, resulting in the company closing down permanently. Liquidation can be ordered by a court, a members’ voluntary liquidation, or a creditors’ voluntary liquidation.

Bankruptcy vs Liquidation: Key Differences to Know

Bankruptcy and Liquidation processes are designed to resolve insolvency, the situations in which either one will apply are very different.

What is the Difference between Company Bankruptcy and Business Liquidation?

For a lot of people, bankruptcy and liquidation mean the same thing – you can’t pay your debts. However, bankruptcy is completely different to liquidation.

What are Creditors Entitled to in a Liquidation?

When a business goes into liquidation, the parties it owes money to have certain rights. If you’re a creditor to a company entering liquidation, knowing these rights could maximise your chances of recovering as much as possible.