February 2017

Creditors: When Can You Use a Liquidation Application to Collect Debt?

“Creditors have better memories than debtors” (Benjamin Franklin) When you are struggling to recover your money from a recalcitrant debtor company, applying for its liquidation can be a very powerful collection tool.  Suddenly the directors are faced with the imminent prospect of completely losing control of their company, its business and its assets to a …

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