What will it cost?
Advice from the Insolvency Experts is Free, confidential & anonymous
If you’re in trouble, facing a financial crisis, under pressure from creditors and the ATO, you might be wondering how to resolve the matter without paying huge amounts to save your business and your assets.
The situation may seem desperate or even hopeless – but you’re not alone. The Insolvency Experts provide a free telephone advice line answered by our Senior Partners/Managers – 24 hours- everyday.
And because we understand the stress and anguish associated with financial difficulties, you can remain anonymous if you prefer.
Don’t commence any liquidation without speaking to
The Insolvency Experts. If you do, you may be paying too much.
Answers + Solutions - FREE - 24/7 - The Insolvency Experts
1300 767 525 or contact us online now
Liquidation Fees
No Cost to You Liquidation**
The Insolvency Experts provide free, positive, practical solutions and tailored advice. But if your issues require a formal appointment, we understand when you are facing financial difficulties, the last thing you can afford is a huge bill.
A liquidation of a company with assets can be performed at NO COST TO YOU PERSONALLY provided the realisable assets of the company will meet the cost of the winding up.
If that is the case, we can commence the liquidation, sell the assets of the company only (not your personal assets) and then use the proceeds from the sale to meet the liquidation fees*.
Again, provided there are sufficient assets available, you will not be asked to contribute a cent to the cost of the liquidation no matter how complex a matter may become.**
Companies without Assets
Although a company may have ceased trading and have no assets, creditors may still press for payment and seek to wind up the company through the court. If this takes place, it’s at their cost – and from your point of view – that may be a good result. After all, if there is nothing to protect, why spend the money?
But what if you face the prospect of personal liability under a Director Penalty Notice (“DPN”) or you are stressed to the point of illness or family break-up? In these cases you will need to pay for the liquidation.
In fact, in these circumstances it is vital a Liquidator is appointed. If you fail to do so within 21 days, you will become personally liable for the unpaid tax as indicated in the DPN – and this is invariably a larger amount than the cost of the liquidation.
If we believe it necessary for you to place your company into liquidation, we negotiate a one-off director’s contribution. It’s guarantees to be your only payment toward the cost of the liquidation – no matter how complex the matter may become*.
Taking the Pressure off you
Directors under constant creditor pressure often suffer from serious emotional (and sometimes physical) health related stresses. Yet during liquidation, creditors deal directly with the liquidator – NOT YOU – relieving the pressure and hopefully helping to relieve most, if not all the stress involved.
The Insolvency Experts price guarantee
We are aware than nobody wants to pay a cent more than they need to have this type of job. On this basis, we guarantee a competitive pricing structure that will beat any written quote by 10%.
Do not commence any liquidation without firstly speaking with The Insolvency Experts. If you do, you may be paying too much.
Resolve the issue quickly and cost-effectively. Call the Insolvency Experts now on 1300 767 525 or enquire online
*Liquidators fees must be presented in detail to creditors and may only be drawn once formally approved at a meeting of creditors
**Director contribution is limited as agreed but does not include Director Loan accounts and any other claims that may arise under the Corporations Act, at law or in equity.
CRS Warner Kugel trading as The Insolvency Experts © 2012. All rights reserved