Business Liquidation Resource Centre

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

The word liquidation can strike fear into most people and many are completely unaware of both their options and obligations. At Australian Debt Solvers we have in-house liquidators registered by ASIC and qualified to provide expert advice. 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.

How To Deal With Creditors?

Maintaining a strong working relationship with creditors is pivotal to the success of any business. This article provides useful information on how to manage creditors effectively and how to negotiate with creditors for debt settlement when facing financial difficulties.

Director Responsibilities and Liquidation

Directors are required to prevent insolvent trading and that may mean having to explore liquidation. Learn more about Director responsibilities and obligations during the liquidation process.

Who Gets Paid First When a Company Goes into Liquidation?

During liquidation one of the key issues for both the liquidator and concerned parties is what will happen to proceeds, and the order of priority of debt.

a man calculating company liquidation costs

What is the Cost to Liquidate a Company? (Updated 2021)

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 discussing if a company will go into liquidation

What Happens to Employees When a Company Goes into Liquidation?

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.