Liquidation Direct

Liquidation Direct

INSOLVENCY, LIQUIDATION AND BANKRUPTCY EXPERTS

1300 767 525

CALL US NOW — 24 hours 7 days

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What happens if the Personal Insolvency Agreement is rejected by creditors?

In initiating a Personal Insolvency Agreement, is necessary that the debtor signs an irrevocable Section 188 Authority. Signing the authority is an act of bankruptcy which means that if the PIA is not accepted or accepted and then it fails, creditors will be able to rely upon the Section 188 Authority in petitioning for bankruptcy.


Liquidations
 
 
1300 767 525
CALL US NOW — 24 hours 7 days

Liquidation Experts, Liquidation and Bankruptcy Specialists, Liquidators Registered with ASIC, Bankruptcy Trustees Registered with ITSA, Insolvency and Liquidation Advice, All forms of corporate and personal insolvency, Liquidation throughout Australia, Part IX Debt Agreements, Part X Personal Insolvency Agreement, Bankruptcy Experts.

 

CRS Warner Kugel trading as Liquidation Direct © 2008. All rights reserved
Level 5, 36–38 Clarence St, Sydney NSW 2000