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So What's The Difference? Insolvency vs Bankruptcy vs Liquidation? 

Insolvency Insider
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So you may have heard the words insolvency, bankruptcy, liquidation, voluntary administration and receivership? Do you know the difference between them?
#business #entrepreneurship #management #accounting #law
#insolvency #bankruptcy #liquidation #voluntary administration #receivership
Do you have questions about insolvency, bankruptcy or liquidation? Call me (Louisa Sijabat) on 02 8224 8207 and I'll walk you through the process, step by step, and answer all of your questions.
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18 авг 2024

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Комментарии : 19   
@emmanuellaboateng9751
@emmanuellaboateng9751 3 года назад
Hey this was really helpful! Law student here writing essays and needed the definitions broken down for me . Thank you
@insolvencyinsider
@insolvencyinsider 3 года назад
Glad it was helpful! All the best with your law studies.
@arfath4
@arfath4 Год назад
Thanks that’s very helpful
@lynderregina8933
@lynderregina8933 3 года назад
Australia is like Kenya. We refer to Bankruptcy for individuals only and not companies
@thoshankarrannagoda5868
@thoshankarrannagoda5868 3 года назад
This is really useful video. I am student who is eager to start my career in solvency. Thank you so much ☺☺
@paulfernandes8962
@paulfernandes8962 2 года назад
Good video which explains very clearly thank you
@insolvencyinsider
@insolvencyinsider 2 года назад
Glad it's helpful Paul!
@ibreei3259
@ibreei3259 2 года назад
Thank you for your explanation very helpful!
@insolvencyinsider
@insolvencyinsider Год назад
Thanks & glad it was helpful!
@aikoka6592
@aikoka6592 3 года назад
Thank you so much for this
@sumairahussain.
@sumairahussain. Год назад
Hello, I just wanted to know the risk involved as a insolvency specialist and how to be complaint.
@serenawang5034
@serenawang5034 2 года назад
Can you talk about DOCA?
@stevenscross5768
@stevenscross5768 2 года назад
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!
@insolvencyinsider
@insolvencyinsider 2 года назад
Hi Stevens, I'm so sorry to hear this happened to you. Are you in Australia? If so, are you able to make a claim with the Federal Government's Fair Entitlements Guarantee (FEG) scheme? www.ag.gov.au/industrial-relations/fair-entitlements-guarantee-feg
@explorecareer3279
@explorecareer3279 Год назад
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
@arjunchatterjee875
@arjunchatterjee875 Год назад
if no rescue is feasible it may result in liquidation of company
@arjunchatterjee875
@arjunchatterjee875 Год назад
because nothing can be salvaged from their business they may face liquidation
@camjay8048
@camjay8048 3 года назад
My name is jeff
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