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Insolvency Law Articles

Insolvency Law Articles

Insolvency on the Sunshine Coast lawyers liquidators bankruptcy trustee

Insolvency on the Sunshine Coast

December 30, 2022 //  by Sunshine Coast Lawyers

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 …

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Liquidation, or winding up, is the process of bringing an insolvent company to an end and distributing a business’ assets to creditors

What is Liquidation?

July 3, 2022 //  by Sunshine Coast Lawyers

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 …

What is Liquidation?Read More

Bankruptcy lawyers on the sunshine coast in Queensland Australia

What is Bankruptcy in Queensland? 

June 15, 2022 //  by Sunshine Coast Lawyers

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 …

What is Bankruptcy in Queensland? Read More

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