Business Liquidation Industry News

Are you in fear of trading insolvent? The best way to deal with potential insolvent trading is to talk to our team of experts who can provide a free consultation and expert advice. A useful way to get a better understanding of liquidation is by reading our latest articles on liquidation news. Looking at the impact of liquidation on others from an objective perspective may be the difference in making the right decision. Similarly, learn about legislative changes and legal requirements that may affect the day to day running of your organisation.

Liquidations fall in 2021 financial year.

Liquidation appointments declined by 39 per cent in FY21.

What is a Liquidator? Roles and Responsibilities

There is more to liquidation than simply closing down a company and a liquidator plays a pivotal part in the process. Learn about liquidator meaning, the role of a liquidator, their appointment process, and fiduciary duties.

Case Study - Small Company Liquidation

A case study on a small company liquidation - 1st Class Movers of Brisbane, had ceased trading but still owed the ATO $50,000. Australian Debt Solvers helped liquidate the company for a competitive price.

Case Study - Smart Liquidation

A company in Perth were in severe debt when they approached Australian Debt Solvers, ADS managed the entire liquidation process, removing the stress from the directors.

Case Study - Liquidation

A security company approached us seeking liquidation. It had an accumulated tax debt of over $300,000 and trade creditors of approximately $90,000. Its only assets were debtors. One of its largest debtors was placed in liquidation.

Can I Be A Director Of Another Company If I Liquidate My Current One?

So in normal circumstances, the answer is yes you can – you can be a director of another company now or in the future.