Quick Solvent Liquidation in NZ
If your company is going into liquidation in NZ, we can help you navigate the correct legal procedure and ensure you reach the best outcome. We have experience in the liquidation process in NZ and work as independent liquidators to the benefit of both the shareholders and creditors.
What You Should Know About Solvent Liquidation
There are several points of difference that you should know about when undergoing solvent liquidation.
- Company directors can sign a certificate of solvency: If you are confident that you can pay off your debts with the liquidation of your company assets, you can sign a certificate of solvency and immediately appoint a liquidator. The risk with this method is that you will be liable should the debts not be paid upon liquidation.
- You can save time on the capital distribution process: During liquidation, creditors will have time to make a claim. However, if you declare a company solvent, the liquidator will be more willing to return capital to the stakeholders quickly.
- There will be no income tax on capital gained from liquidation: Profits distributed from liquidation are exempt from taxation.
It is beneficial to have a formal liquidation rather than merely being removed from the Companies Register as this process will prevent challenges from potential creditors.
Process of Voluntary Liquidation in NZ
The voluntary liquidation process for a solvent company involves:
- Appointment of a liquidator. A shareholder resolution will appoint a liquidator of their choice. The liquidator is then required to give notice to the Companies Office while the directors of the company must also pass a resolution and file it within 20 working days of appointing a liquidator.
- A notice of appointment and a notice to the creditors is published. These notices are published in the New Zealand Gazette and another newspaper with a minimum of ten working days for creditors to claim. The liquidator will deliver their first statutory report to the Companies Office and give copies of this report to the shareholders and any creditors.
- Distribution of assets. Once the time for creditors to claim has passed, the distribution of assets is carried out, and liabilities discharged. The liquidator’s final statutory report is filed with the Companies Office, shareholders and creditors which will complete the liquidation process. Finally, a public notice is published in the New Zealand Gazette for the intention to remove the company from the register.
Why is Don’t Be Limited Cost-Effective?
Our company has no signup fee, and we will provide you with our professional and honest advice when it comes to liquidation. Regardless of your reason for liquidation, our experience and knowledge of the legal system and our integrity and regard for all parties involved will ensure that you receive the best outcome for your business. We work as a reputable independent liquidator who can think outside of the box to ensure that all possibilities are considered for the best overall result. Contact us today for liquidation help in NZ.
Don’t Be Limited Provides Business Liquidation
Don’t Be Limited approaches business liquidation with a different mindset than many other companies, focusing on the people involved: creditors, debtors, and workers. Our out-of-the-box thinking can provide a welcome relief to directors facing the end of their company’s operations—and even during such a scenario, we dare to think differently. Liquidation is not necessarily the end of your dream, but rather the beginning of a new day with new opportunities.
Tips Regarding Liquidators in Hamilton
When your company begins to dip below the waterline, it can be difficult to admit that the end is near but accepting that fact is the first step to a liquidation process that benefits stakeholders and employees the most. Denial is powerful, and there can be real legal and financial consequences if you wait too long before beginning liquidation. If you have reached that point, here are some things to look for in a liquidator:
- An experienced liquidator. Find a professional who has owned their own business and understands the difficulties involved. Such a partner will be able to see issues from the directors’ standpoint.
- Looks beyond what’s on paper. A liquidator who can think outside the ordinary, see what your company really is, and respect who you and your employees are can navigate you through the process with more options.
- A liquidator who is not in it for the money. We do not charge a starting fee because we believe that doing a stellar job is not about the paycheque—it’s about the impact.
Problems with Liquidation in Hamilton That Don’t Be Limited Addresses
All too often, liquidators see this process as a battle to endure, caring only about the numbers and not the very real people behind them. That way of thinking can lead to results that nobody is happy with, so we approach each liquidation with our core values guiding the way. Our simple four-letter approach is the word HAIL. Here is what that means to us.
- HAIL represents honesty, authenticity, integrity, and love.
- Liquidation is a legal process, and we treat it with the honesty that such a proceeding requires, but we go even further. We will always be clear and straight with everyone involved in the liquidation process.
- The A and I represent authenticity and integrity. We don’t set out to impress people with fancy suits or titles. We let our deeds and their quality speak for themselves. That’s our authenticity. The liquidation process can feel shameful and stressful, and you need someone that you know you can count on for the long haul.
- Finally, we come to love. Liquidation happens to well-run companies all the time. We approach your liquidation with a kind heart and always treat other people as we wish they would treat us if we were in their position.
Why Customers Should Use Don’t Be Limited
If you are facing liquidation or looking for debt consolidation in Hamilton, the reason why you should choose us is that we care about the people involved, just as you do. That is our true difference: our focus on people and the understanding that the balance sheet rarely tells the full story. Our goal is the happiness of stakeholders and everyone else involved in the liquidation.
If you are ready to put an end to your company in the right way, contact us today.
Are You Facing Company Insolvency? Don’t Be Limited Has Solutions
Company insolvency means that a business is no longer able to pay its lenders what is owed when debts become due. During voluntary insolvency, the business owner decides that they need help sorting out their finances and finding solutions. This approach is preferable to not admitting to needing help and having a creditor or creditors force a formal insolvency process. You have more control over a voluntary process–but in either case, Don’t Be Limited can help.
What You Should Know about Solvent Liquidation and Insolvent Liquidation
While many people assume that liquidation is only for insolvent companies, that isn’t always the case. Liquidation can also work for solvent companies. Here are a few things that you should know.
- Business owners choose liquidation for a variety of reasons. Entering into liquidation can minimise your risk as well as the risk to creditors. For an insolvent company, liquidation means a clean break and an end to being chased by creditors.
- Solvent companies may also choose liquidation. For example, a company may have enough assets but no purpose or future use, or the directors may wish to retire and transfer cash and assets to themselves.
- A voluntary process is ideal. In the case of voluntary insolvency, you have more control over the process, paying off a portion of your debts over a period with a plan that you agree to follow. You will not need to involve the court; a private liquidator can help you achieve these goals.
What Sets Don’t Be Limited Apart Regarding Solvent and Insolvent Liquidation?
When choosing a liquidator to work with, it’s important to choose an experienced and provider to ensure that your case is handled professionally and efficiently. Here are a few of the things that set Don’t Be Limited apart from the competition.
- We don’t set out to impress people with fancy clothes or cars. Instead, we let our deeds speak for us. You’ll find a little something different in Don’t Be Limited: real people who know what they’re doing and care about your results.
- We believe in honesty and straight talk. We take our word seriously. When you’re facing turmoil, we strive to be someone who you can trust.
- More possibilities. We pride ourselves on thinking outside the box. We know that balance sheets don’t tell the entire story. We’ll look at the big picture and the individual people involved, seeking out possibilities that we can use to achieve a better outcome.
About Don’t Be Limited
We don’t base our decisions on money, so you’ll pay no starting fee when you choose to work with us. That’s just one of the perks of hiring Don’t Be Limited to help with your liquidation. We cover Auckland, Waikato, and Bay of Plenty, but we can work anywhere in New Zealand if required.
What we offer is simple: professional and friendly assistance for small business owners, shareholders, and creditors. If you think liquidation might be right for you, contact us today.
Get Experienced Help with Company Liquidation in New Zealand
Whether it takes a year, five years, or twenty years before it’s necessary, company liquidation in New Zealand is eventually a consideration for nearly every business. For many people, market realities push them to this decision, while others want to take advantage of favourable conditions to exit a stressful, time-consuming business for another opportunity.
Tips Regarding Voluntary Liquidation in New Zealand
It’s rarely an easy choice to liquidate your business. Although it may be a clear choice objectively, it’s not often easy to see that when you’re in the middle of managing the business. Consider these points to help you make a decision:
- Adopt a forward-looking approach to the process. Business liquidation may be the end of one chapter, but it’s also the start of another. As we help you through your voluntary liquidation, your mindset is the most crucial aspect over which you have influence. We’ll take care of the technical aspects, so you can cultivate a positive outlook to determine your next steps.
- Take a moment to look at your business from a sober, clearheaded perspective. With your company’s current status, asset sheet, and performance, would you choose to invest in it? Is the situation likely to improve, remain the same, or worsen in the next year? Keep those answers in mind to determine if it’s time for the business liquidation process.
- Consider your shareholders and creditors. As a business owner, you have an obligation to uphold the agreements you’ve made, so those can be guides to determine the urgency with which you must approach business liquidation.
What Sets Don’t Be Limited Apart Regarding Business Liquidation in New Zealand
Considering how complicated company liquidation can be, there is a vast difference in your experience, depending on those with whom you work. These are several ways that Don’t Be Limited stands out as voluntary liquidation assistants.
- Everything we do ties into the HAIL commitment: Honesty, Authenticity, Integrity, and Love. Together, these attributes guide how we do business and shape the way that we interact with our clients. You will feel welcomed and understand that we are acting in your interest.
- We have extensive experience in the process of voluntary company liquidation, so we understand the correct action to take at every point. We apply that experience to ensure that you get the most from your company assets and don’t miss any opportunities.
- It can be stressful or difficult to give up holdings in a business that has been with you for a long time, but we give you attention throughout the business liquidation process. We let you know what’s happening and answer any question you have at any point.
Company liquidation is about more than the money, so you need to work with someone who understands both the financial and human sides of the process.
Why You Should Use Don’t Be Limited
We see people first, so we help you make decisions that are designed to protect the dignity of everyone involved in the process. Our team thinks outside the box to develop unique solutions and the most profitable approach to business liquidation. Contact us today to start talking about voluntary liquidation and determine if it’s right for you.
The Effect on a Company During Liquidation in NZ
When your company goes into liquidation in NZ, the director, employees and creditors will be affected differently. As a liquidator, our role is to impartially find the best overall outcome that benefits everyone involved, including shareholders and creditors. With experience helping a range of companies carry out the liquidation process, we know how to follow the law and consider the views of everyone affected.
What You Can Expect from Don’t Be Limited Regarding Business Liquidation in NZ
We offer a professional and friendly service for companies requiring liquidation.
- There is no signup fee: Our services do not require a start-up fee as we believe that people are first and foremost the most significant concern during liquidation. We take an empathetic and understanding approach to your company’s liquidation and ensure to make the process is as stress-free as possible.
- We seek the best outcome for everyone: As a liquidator, we remain independent during the entire process and ensure to seek the best results for all parties involved, including creditors and shareholders. We provide solutions that work for your business.
- We have extensive experience: We have worked with various business owners and legally helped them through the liquidation process. Our services currently cover Auckland, Waikato and the Bay of Plenty area. However, we can work anywhere in NZ if required.
The Effect of a Business Liquidation in NZ
Liquidation will affect company people differently, such as:
- A director is required to fill out a Statement of Affairs form which declares the company’s history and trade, shareholder information, why the company failed, a list of assets and liability and whether there are any legal claims made by or against the company. The director is also responsible for helping the liquidator answer any questions or locate records.
- The liquidator will determine if the business remains open and trading during the liquidation process in which case an employee may continue working. Should the company close, employment is terminated, and an employee can claim in the liquidation if they are owed salary, wages, holiday pay or redundancy.
- Secured creditors can deal with the company’s secured assets and decide to appoint a receiver. However, unsecured creditors can’t take legal action against a company in liquidation or handle its property without permission from the Court or liquidator.
Why Trust Don’t Be Limited Regarding Companies Undergoing Liquidation in NZ?
We are an independent and experienced liquidator that values honesty, integrity and take a friendly, yet professional approach with our clients. We provide insightful knowledge and help small business owners who require liquidation while making the process smooth and worry-free. Our empathy for a client’s situation means that we will present and consider all possible options available and work towards achieving the ideal outcome for you. We have liquidated numerous companies in NZ and have previous experience working at Inland Revenue and as a business owner. Contact us today for help with your company liquidation in NZ.
Don’t Be Limited Offers Company Liquidation Services
Don’t Be Limited understands that the end of a business can be a stressful and challenging time, and that is why we offer company liquidation services. Many people see liquidation as the end of a dream, but it can also be a new beginning that frees you to follow a different direction and find a new pathway. We like to think about it as a fresh start, and that attitude is how we help companies through this stage of their business.
The Importance of Company Liquidation Services
Even when a company finds itself in dire financial straits and liquidation becomes a probability, many directors live in denial, refusing to see the writing on the wall. Often, this approach only makes the situation worse for them, their company, and their employees. When you continue to operate in the hole, it can not only put your business at risk but also pose a danger to your personal assets. Here are a few essential facts about the liquidation of companies.
- Liquidation is a legal process with strict deadlines that you must follow, including the 10-day rule attached to any document that is served to you. Contact us as soon as possible if you are under such deadlines so that we can begin helping.
- The decisions that you make during liquidation have a significant effect on the people involved with the company. One of the ways that we are different than your average liquidator: we understand that the balance books do not tell the full story.
- Nobody wants to admit that their company is failing, but there are benefits to the company and directors moving into voluntary liquidation instead of compulsory liquidation. We do not charge a starting fee. The sooner you come to us, the easier the liquidation process will be.
What Sets Don’t Be Limited Apart Regarding Our Company Liquidation Service?
Often, company liquidators see this process as adversarial, but it doesn’t have to be that way. Companies fail for many reasons, and even well-run companies can fall behind and find liquidation looming. We follow the legal process of liquidation, but in our view, people, both debtors and creditors, come first. Our focus can be summed up in a simple four-letter word: HAIL. Here is what that means:
- The H stands for honesty. We approach each liquidation with the desire to find the truth to help both shareholders and creditors.
- The A stands for authenticity. We are jeans-and-tee-shirt professionals who let our work speak for itself instead of trying to impress others with a fancy front.
- The I stands for integrity. In the sea of turmoil that is the liquidation process, you need someone you can count on, someone trustworthy— we want that to be us.
- Finally, the L stands for love. When we approach a liquidation, we strive to be kind-hearted during the entire process. We will listen and deal with any situation, treating others as we would hope to be treated along the way.
About Don’t Be Limited
We are not just liquidators: we have experience working for Inland Revenue and have owned our own business, so we understand what it is like to lie awake worrying about paying taxes, wages, and bills. We are here to support your needs with our people-focused liquidation. Contact us today to learn how we can help.
Don’t Be Limited Offers Company Liquidation Services
Don’t Be Limited understands that the end of a business can be a stressful and challenging time, and that is why we offer company liquidation services. Many people see liquidation as the end of a dream, but it can also be a new beginning that frees you to follow a different direction and find a new pathway. We like to think about it as a fresh start, and that attitude is how we help companies through this stage of their business.
The Importance of Company Liquidation Services
Even when a company finds itself in dire financial straits and liquidation becomes a probability, many directors live in denial, refusing to see the writing on the wall. Often, this approach only makes the situation worse for them, their company, and their employees. When you continue to operate in the hole, it can not only put your business at risk but also pose a danger to your personal assets. Here are a few essential facts about the liquidation of companies.
- Liquidation is a legal process with strict deadlines that you must follow, including the 10-day rule attached to any document that is served to you. Contact us as soon as possible if you are under such deadlines so that we can begin helping.
- The decisions that you make during liquidation have a significant effect on the people involved with the company. One of the ways that we are different than your average liquidator: we understand that the balance books do not tell the full story.
- Nobody wants to admit that their company is failing, but there are benefits to the company and directors moving into voluntary liquidation instead of compulsory liquidation. We do not charge a starting fee. The sooner you come to us, the easier the liquidation process will be.
What Sets Don’t Be Limited Apart Regarding Our Company Liquidation Service?
Often, company liquidators see this process as adversarial, but it doesn’t have to be that way. Companies fail for many reasons, and even well-run companies can fall behind and find liquidation looming. We follow the legal process of liquidation, but in our view, people, both debtors and creditors, come first. Our focus can be summed up in a simple four-letter word: HAIL. Here is what that means:
- The H stands for honesty. We approach each liquidation with the desire to find the truth to help both shareholders and creditors.
- The A stands for authenticity. We are jeans-and-tee-shirt professionals who let our work speak for itself instead of trying to impress others with a fancy front.
- The I stands for integrity. In the sea of turmoil that is the liquidation process, you need someone you can count on, someone trustworthy— we want that to be us.
- Finally, the L stands for love. When we approach a liquidation, we strive to be kind-hearted during the entire process. We will listen and deal with any situation, treating others as we would hope to be treated along the way.
About Don’t Be Limited
We are not just liquidators: we have experience working for Inland Revenue and have owned our own business, so we understand what it is like to lie awake worrying about paying taxes, wages, and bills. We are here to support your needs with our people-focused liquidation. Contact us today to learn how we can help.
Speak with a Business Liquidator in New Zealand for Help Today
After you’ve looked at the numbers, you’re considering your options and looking for a company liquidator in New Zealand who can help you. The liquidation process can be complicated and stressful, and it’s particularly important to work with someone who can guide you through it and address your concerns.
What You Can Expect from Don’t Be Limited as Liquidators in New Zealand
We put people first at all points of business liquidation. You, your employees, shareholders, and creditors all have interests in your business that can’t be ignored. Here are several ways we address the process to serve as a benefit to all involved:
- We provide an outside perspective on the realistic prospects of your businesses. Our team has experience working with many New Zealand businesses that are considering liquidation. As a focused liquidator, Don’t Be Limited has valuable insight regarding when you should begin the process and what steps you should take to protect everyone involved.
- You should know everything that’s legally relevant to the liquidation process, especially since you’ll be working closely with liquidators to close out your business’s assets. We provide each of our clients with a free booklet that addresses the laws related to business liquidation so that you know what applies to your company.
- We genuinely care for the people involved in the businesses that we serve as liquidators. After all, your business is more than just the numbers to you, so we treat that fact with respect and consistently put humanity at the centre of the liquidation process.
Common Mistakes People Make Regarding Liquidation in New Zealand
It’s important to avoid several common mistakes that people make when first considering the liquidation process:
- Don’t push reality out of your mind. If your business is falling one to two months behind on its bills and owes debts in excess of its annual profits, then you need to consider speaking with a liquidator. When your company is drifting along, dead in the water, spending additional time without a change will only add to the pain and difficulties.
- Communicate openly with the people that this affects the most. Once you’ve made the decision, let your employees know what this means for their jobs. Speak with your creditors and shareholders so that they know what’s going to happen.
- You don’t have to do this by yourself. The dedicated liquidators at Don’t Be Limited have worked with other business owners in the same position. There is help for today and hope for tomorrow.
What You Stand to Gain by Using Don’t Be Limited
Sometimes, a profitable business venture becomes a weight around your neck. What started as a genuinely good idea can become riddled with problems as market conditions change and competition heats up. It’s not at all uncommon for businesses to speak with a liquidator just a few years after an exceptionally profitable period, and those who navigate the process best are those that rely on liquidation specialists for honest assistance. Contact us today to see how we can help you and your business.
If you are looking for a liquidator in Tauranga, then you are most likely a business owner who is ready to make some tough decisions to pursue a different dream. That’s right–rather than being the end, working with an independent liquidator in Tauranga can allow you to say goodbye to your worry and stress, move forward, and follow a new path.
From time to time, good people find themselves in very challenging spots. If you find yourself in a hole, the first thing to do is to stop digging it deeper. At Don’t Be Limited, we can help you bring your company to a close in a way that’s legal and fair.
Problems Liquidation in Tauranga Addresses
Businesses that should consider liquidation have reached a state of insolvency, or an inability to fulfil their financial obligations and repay the money that they owe. Here are some problems you may be having for which liquidation could be the solution.
- Maximum borrowing. You may have been denied further borrowing without providing guarantees. You may not have sufficient assets for a secured loan, and lenders are refusing you credit.
- Demands for payment. If you are receiving constant threats of legal action for unpaid bills, you are in the danger zone. Taking longer to pay creditors and delaying deliveries due to non-payment are also warning signs.
- Inability to pay staff wages. If you find yourself unable (or nearly unable) to meet the wage bill, insolvency is likely looming. Once an employee’s wages go unpaid, the company is technically insolvent.
If you are experiencing one or more of these problems, it may be a good idea to seek guidance from a private liquidator in Tauranga.
Benefits of Using a Liquidation Service in Tauranga
Liquidation can be a positive thing, and it is for many struggling business owners. Here are a few distinct advantages of choosing this route.
- Minimising debt repayments. Except in certain circumstances, your debts will be mostly written off; you’ll still have to cover certain costs, but overall, liquidation is an extremely cost-effective choice.
- No more legal action. Entering liquidation will put an end to the threat of legal action. You’ll be free to stop worrying about it and focus your energies elsewhere.
- Enable your staff to claim redundancy pay. Your staff may be able to benefit from not only redundancy pay in the event of liquidation but also uncollected wages and outstanding holiday pay.
What You Stand to Lose by Not Using Don’t Be Limited
Don’t Be Limited is an independent liquidator, meaning that we help people solve problems. We offer small business owners the experienced, honest, and friendly help that they need. We know that balance sheets can’t tell the whole story, so we listen to people, look for outside-the-box possibilities, and help you find real solutions. If you need a professional, reputable, and straight-talking private liquidator, contact Don’t Be Limited today.
Working with Liquidators: Where to Start and What to Expect
When you start a business, you never imagine that you might someday be meeting with liquidators and talking about the possibility of winding up the venture. Unfortunately, not every business prospers. Even under strong leadership, a company can fail—whether due to shifts in the economy or marketplace, overly ambitious expansions or other twists of fate. If your business is in a tight spot and you are thinking about liquidating, Don’t Be Limited can help.
The Importance of a Private Liquidator
Don’t Be Limited is the business name for David Thomas, a private liquidator serving businesses, shareholders and creditors in Auckland, Waikato, Bay of Plenty and throughout New Zealand. He brings experience and objectivity to situations where liquidation is either necessary or a compelling option. From there, he serves numerous vital functions, including:
- A surveyor of the situation: Sometimes, when you are the owner and operator of a business, you are too close to see things objectively—even things as cut-and-dried as debt, credit and cash flow. David can help you survey your financial situation with an impartial eye and judge things accordingly.
- A strong guiding hand: If voluntary liquidation proves to be the right option for your business, David will work closely with you, your shareholders and your creditors to strategise a liquidation plan that is acceptable to all parties.
- A fresh start: Especially if you are closing down a business that you started with your blood, sweat and tears, it can be truly heartbreaking to close that chapter. However, liquidation is also an opportunity to free yourself of the personal stress and financial distress of your business and to start a brand new chapter without those encumbrances. Working with a liquidator provides that opportunity.
What You Can Expect from Don’t Be Limited as Your Liquidator
Appointing Don’t Be Limited and David Thomas as your private liquidator will bring numerous benefits, including:
- A down-to-earth presence in the room: Many businesses assume liquidators are similar to lawyers: detached, uncompassionate and tending to speak with heavy legalise and formality. David is a straight-talking, down-to-earth professional who will provide the honest, candid and easy-to-understand advice that clients need.
- A tendency for outside-the-box thinking: Every liquidation case is different. Some businesses pursue liquidation only to find they have other options for turning things around. Others learn they can (and should) continue to operate as trading businesses even as liquidation proceedings move forward. David’s outside-the-box thinking gives him an unusual ability to see all the possibilities—even where others may assume none exist.
- An affordable start: Unlike some liquidators, we don’t require any upfront or ‘starting’ fee. We focus more on our clients than the money because we know that pricey upfront charges can discourage distressed businesses from pursuing help at all.
Why Customers Should Use Don’t Be Limited
Our brand name implies that we want you to have every option on the table when you decide the future of your business. We genuinely believe in that philosophy and will work hard to help you see and explore possibilities that you may not have realised were there. If your business is in trouble and you are considering liquidation as a possible way out, start by sitting down with David Thomas today. To schedule an appointment with our private liquidator, get in touch.
Considering a Voluntary Liquidation? Explore Your Options with Us
Are you considering a voluntary liquidation of your company? Usually, when most people think about company liquidations, they think of liquidations forced by bankruptcies or ordered by the court. However, the end of a company does not always have to come about in this manner. In some cases, the best option might be to pursue the voluntary liquidation of a company before bankruptcies or court orders come into the equation. That’s where Don’t Be Limited can lend a hand.
Tips Regarding the Voluntary Liquidation of a Company
If you are thinking about voluntary liquidation, you might not know where to start or even how to gauge whether liquidating your business is the right option. Here are a few tips to help you find your footing in this uncertain time:
- Keep your options open: There’s a reason we named our business ‘Don’t Be Limited.’ We think it doubles as arguably the most important advice to keep in mind if your business is in a tough spot, which is to keep all your options open. Too often, the voluntary closing of a company is seen as an act of giving up. Business owners usually see more romance in sticking things out to the bitter end. Just keep all your options open, at least until you’ve heard some third-party opinions.
- Assess your bills: Is your company a month or two behind on payments to all its creditors? Is the amount you owe close to or greater than the profit from an average year of trading? These questions typically provide a good gauge of the overall health of your company. If you answer yes in either case, it may be time to start looking at liquidation as an option to pay off those debts.
- Sit down with a professional: Sitting down with an independent liquidator can help you view the situation from a new perspective and determine the best path forward for all involved parties. At Don’t Be Limited, we are happy to play that role for you and your business.
What You Can Expect from Don’t Be Limited Regarding Voluntary Liquidation
As you pursue voluntary liquidation (also known as Creditors’ Voluntary Liquidation, or CVL), our liquidator David Thomas will work with your shareholders and creditors to execute a liquidation process that is agreeable to everyone. Here are a few of the superlatives David brings to the table:
- Honesty: Is liquidation the right option for your business? Are there other possible turnarounds for the company? What is the best choice to honour your creditors, shareholders and staff? We will answer these questions and others candidly and with an impartial third-party perspective.
- Integrity: Accountants or bankers might tell you that another loan or mortgage can save your business. In some cases, that might be true. In others, you might end up digging a deeper hole and extending your business risks to your home and other personal assets. We will never make recommendations that we don’t believe to be in the best interests of the client.
- Compassion: We know that liquidating a business can feel like nothing less than giving up on a dream. We approach each client with unreserved compassion and from a viewpoint that liquidation can and should be a new beginning rather than the end of something.
Why Customers Should Use Don’t Be Limited
Even if you aren’t sure whether liquidation is the right option for you, sitting down with David and exploring potential paths forward will be an enlightening and helpful exercise. We also require no starting fee, which means you can come to us for advice and guidance without more costs hanging over your head. If you are thinking about Creditors’ Voluntary Liquidation, we hope you will reach out to us today to schedule a consultation.