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company liquidation

How Do Your Creditors Get Paid in Company Liquidation?

Posted by Revive Financial on May 15, 2019 11:45:53 AM

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

Deregister or Liquidate – Which is Best For You?

Posted by Revive Financial on Oct 31, 2018 4:34:00 PM

When a company stops trading, it is up to the director to deal with it correctly. Otherwise, it will sit dormant and accumulate fees. There are several ways to close your company. In this article, we run through the options, so you can make a decision whether to deregister or enter liquidation.

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Topics: Company Liquidation

The Simple Guide to Liquidation

Posted by Revive Financial on Sep 21, 2018 10:44:00 AM

As a company director, it can be overwhelming to deal with a struggling business. Here we explain the ins and outs, who is involved, and the different types of liquidation in Australia.

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Topics: Company Liquidation

Insolvency, Bankruptcy and Liquidation: Explained

Posted by Revive Financial on Sep 14, 2018 3:33:00 PM

Personal Insolvency tends to lead to Bankruptcy or a Debt Agreement. If a company is found to be Insolvent, it is possible that it will lead to Liquidation,

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Topics: Bankruptcy, Company Liquidation, Director Advice

Putting Your Business into Liquidation Can be a Good Idea

Posted by Revive Financial on Aug 25, 2018 12:00:00 AM

Most people thinking about liquidating their company may think it’s a bad decision. However, it may be a positive step forward and the best thing in the long run. It may be hard to believe, there are some good reasons to liquidate your company.

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Topics: Company Liquidation

Why Clients Must Act if they Receive a Statutory Demand

Posted by Revive Financial on Jul 13, 2018 12:00:00 AM

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

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