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When a creditor has reached a point where they no longer have enough capital to operate, or they reach the…
In order to determine if a company is insolvent or not, you need to understand what insolvent means. Insolvent means…
Insolvency Insolvency refers to an entity’s inability to pay its debts when they are due. The concept can relate to both…
If your business is being liquidated, how do you handle the added stress of completing this liquidation process? It is…
The market forces are constantly changing and if we don’t adapt to these changes or are not in a position…
Maintaining your finances, tracking financial information or keeping books of accounts is a daunting job even in the best of…
It might be hard to comprehend the contrast amongst receivership and liquidation as they are terms that are firmly identified…
What is Liquidation? Liquidation is the systematic “winding up” of a company’s activities. It includes ceasing all sales and/or operations and…
Voluntary Administration Voluntary Administration offers relief to an insolvent company so it can determine its future. Protections include: • unsecured creditors cannot…
If you have a business of your own, you know that it takes a lot to keep it running and…
While it should stay the last option, it is always wise to know about liquidations. It also helps to set…
Hurry to put your company into liquidation and you are in for a major loss. A pre-liquidation review is must…
