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Motors Liquidation Company

  • Understanding Insolvency and Liquidation
    Liquidation is basically the process of turning a company's hard assets such as buildings, furniture, patents, and copyrights into cash. This process is done so that the company can use the cash to either pay off existing debt or to reap a personal benefit. There are three different types of liquidation that include members' voluntary, creditors' voluntary, and compulsory liquidation. Members' voluntary liquidation happens when the shareholders Read More...
  • A Guide to Liquidation
    Put simply, liquidation is the process of turning company’s hard assets (buildings, furniture, patents, copyrights etc.) into cash. This cash is then either used to pay off any debts, or to reap a personal benefit. There are 3 types of liquidation, an they are as follows – Members' voluntary liquidation is when the shareholders of the company deicide to put it into liquidation and the assets outweigh the debts – the company is solvent Creditors’ Read More...
  • Top Tips and Liquidation Advice
    If the directors of a company do not have sufficient funds to keep their company going, or they no longer want the company and do not wish to sell it, they can decide to put the company into liquidation. A specified liquidator is then appointed to the job, their role would be to evaluate the interactions of the company and consider the assets for the advantage of the creditors. The longer the directors take to make the decision of liquidation, th Read More...
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