company liquidation

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How Do Your Creditors Get Paid in Company Liquidation?

Once a company goes into Liquidation, one of the key issues for its directors and creditors alike is how will the creditors be paid.

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Topics: Company Liquidation, Business Debt, Liquidation

Insolvency, Bankruptcy and Liquidation: Explained

Explore differences between bankruptcy, insolvency, & liquidation in Australia. Learn signs & get guidance from Revive Financial.

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Topics: Bankruptcy, Company Liquidation, Director Advice, Business Debt, Liquidation

Why Clients Must Act Quickly if they Receive a Statutory Demand

One way creditors can recovery money from a company is with a Statutory Demand. This demand, made under the Corporations Act 2001 gives the company's director 21 from days from the day it's received to pay a specified sum of money.

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Topics: Company Liquidation, Tax Debt, Business Debt, reduce business debt

What is the Difference Between Bankruptcy, Liquidation and Administration?

For all company’s operating in our unstable modern economic landscape, it is vital to understand the differences between liquidation, administration and bankruptcy – before making any financial decisions.

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Topics: Bankruptcy, Company Liquidation, Voluntary Administration, Business Debt, Liquidation

What the Dick Smith Insolvency Teaches Us

The recent Dick Smith company insolvency case provides a prime example of what can occur when business finances are inappropriately managed.

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Topics: Company Liquidation, Voluntary Administration, Business Debt