Hi there, thank you for your video. My family and I may be going down this path with our business and I was just wondering what some of the negatives could be with this restructuring. Very aware of the advantages which are great and we are eligible, but would just like to know a few cons that you may be able to share. Thank you and kind regards.

Hi can I ask if a director of a company be the liquidator of the same company in a voluntary winding up application.

Hello, Thanks a lot for knowledge.. What if a company goes bankrupt does the director of the company losses their house and car?

so some one cannot go bankrupt and them make money in stocks?

Hi I was injured at work and declared bankrupt last year and I got my TPD claim approved are the trustee able to access to my lump sum payment and use the credit to pay the creditors

Hi, thanks for sharing the content. Good information I have some questions: (Compulsory liquidation) 1. What happens if the landlord who applied for your company also owns a reputable insolvency and receivership company? Both real estate and insolvency are owned by the same shareholders. Will this not be considered a conflict of interest? 2. In a scenario where the liquidator has allowed the landlord to rent the unit and company assets without calling any creditor meetings and also not responding to other creditors who have filed their proof of debt, is this a practical norm? 3. At the point of winding up, the directors, owners, and third parties' personal belongings were at the location. The liquidator has asses to the assets and confirmed the owners to reach out to the landlord. However, the new tenant and landlord are requesting a confirmation note or formal letter to serve the other parties, as they have refused owners and others to collect their belongings. The liquidators are not responding to emails and mails of parties. Ignores calls nowadays. Does this goes against the liquidators code of ethics? 4. Can the liquidators liquidate lease operation requirements (assets) owned by a third party? 5. What actions can be taken against court liquidators in this respect and how to challenge their unfair practices, if any? Thank you.

Bankruptcy is a setback, not a defeat. Hopefully, others will seek professional help from watching your videos.

Thank you for your support and advice

Hello what will happen to the refund's tuition fee of offshore applicants if their school provider is closed? what is the process? thank you so much

if no rescue is feasible it may result in liquidation of company

because nothing can be salvaged from their business they may face liquidation

Great job explaining what happens if a person is a beneficiary of a trust. What happens if you file chapter 7 and you are a beneficiary of a living trust but the person is still alive and until they pass away no money goes to you? You my not receive any assets for decades can you still file?

Thanks that’s very helpful

Very informative. Thanks for sharing, your profile is pure gold.

Im building a brand nee home and the company has gone into voluntary administration. As a customer what can we do. Or do we just wait it out or are there things we can do to be pro active before the voluntary administration has finish ?

hi, is a temporary work visa eligible to apply for FEG?

What about any pending legal cases against the previous director/company if the director has recently got changed? Legal cases will be applied against the new director before company goes into liquidation or cases will still be active against the previous director?

All of video are what is happening to me

Pls your contact pls

Good explanation , Love your skill

A company what owes me money has recently changed directors. The new director has been buying up lots of failing ltd companies so he is now liable I presume. But there is obviously a loop hole for him to do this as all the new director is doing is taking on companies with bad dept and court cases against his new company. How does that work?

I love to see your wonderful videos! Very helpful. ❤

never had a client with enough money to purchase an asset that would end up vesting in the estate, but it's interesting to know what would happen if they did. Most people just ask me if they are allowed to save money (yes, as long as it is demonstrably sourced from your already assessed income).

Hello, I just wanted to know the risk involved as a insolvency specialist and how to be complaint.

Can you talk about DOCA?

How can I contact you please

You would be very busy nowadays lol 😂

Thank you for your explanation very helpful!

Great info great videos you are doing great job people need your services these days a lot due to covid meltdown

Hi, I am building a house. The Director has gone personally bankrupt but he has not put the company into liquidation like he said he would. Have you heard of this before?

I was a plant manager for a commercial printing plant. Unfortunately insolvency are one of the most abused processes to the employees. Myself and my employees lost all our vacation pay $45,000 the insolvency administrator told me he Has immunity and can do what ever he wants!! And he was right the labor board closed the case on my employees because the insolvency company was involved and they would pay us? However that never happened! I guess I have a bad taste in my mouth for this process since I investigated this I found out the industry got immunity for itself and abuses The employees quite often since I met several other people that had the same thing happened to them the corporations take care of themselves not the employees!

Good video which explains very clearly thank you

When will ato force your company in administration? Is it when you cannot pay your debt back?

Great Chanel - have you got a contact where we can ask general questions or where we can find you to engage consultation.

Very informative. Thanks

So what if the company had a contract making profit . What if the liquidater failed to tell or take this into account who is than responsible? Let’s say if you asked the liquidater how much do you owe and they reply make a offer ???

What happens if the liquidater gets it wrong and company should not of been liquidated?

Great advise!

You have given me answers to questions I had been researching for months. Thank you.

Hi, what does it mean when a company goes into an External Administration?? Does it mean that the company isn’t salvageable and it has to close its doors. Thanks

Australia is like Kenya. We refer to Bankruptcy for individuals only and not companies

i never deal in debt but it's interesting to know how people who do work this stuff out :) rachel

Insightful.

My name is jeff

Thank you so much for this

This is really useful video. I am student who is eager to start my career in solvency. Thank you so much ☺☺

Hey this was really helpful! Law student here writing essays and needed the definitions broken down for me . Thank you

can you make a video about how people who can't pay their household debt lose their home *i have no debt and live with my dad mitchell and his wife or my two aunties who carry no debt.just interested how the process works in these times of huge debt if this comment makes sense? thanks - rachel

with australia (i believe) going bankrupt *it's good to know how these 'things' you speak about here on RU-vid work - very intersting :) rachel from sunshine coast

thanks, very helpful. i would like to view more. sub it immediately.