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Insolvency Law Articles
Are you a company owner that is considering winding up your company, but is worried that you don’t know enough? This is a completely valid concern as winding up a company is a big step and can have some negative effects if you do not properly consider the potential outcomes of such a step. If this is …
Winding Up a Company? Here are 4 Steps You Should TakeRead More
In relation to insolvency on the Sunshine Coast, there are several types of insolvency appointments that can be made in relation to a company or a person that/who is experiencing financial difficulty. These insolvency appointments are typically made by the directors of the company, or by a creditor of the company, and are intended to …
Liquidation, or winding up, is the process of bringing an insolvent company to an end and distributing a business’ assets to creditors. A business may decide to wind up for a variety of reasons, including insolvency or owners wishing to efficiently bring the company to a close. The legal definition of liquidation, as defined by …
Have you ever wondered what bankruptcy is and how it operates in Queensland? Bankruptcy is a legal action where an individual is relieved of some/all of their debts due to their inability to pay them. Bankruptcy is a serious legal process and carries significant consequences once declared. Legal advice is therefore highly recommended if you …
