One Business Owner’s Story
I saw I was in trouble when the bank would not lend me any more against the farm. This home has been in the family for years and the prospect of having to give it up was way too much. I called my financial advisor and my accountant, and they both encouraged me to go and see Liquidators Rockhampton which I didn’t do, of course. I found this other liquidation firm and they said that’s the only escape. I knew I had significant debt, but it just appeared like I had no alternative. My accountant said that since I am shelling out for the liquidator and that it was likely going to be a voluntary liquidation that I would most likely be looked after. WRONG!
I found some Liquidators, they seemed to be professional and qualified and they claimed they would help me as much as they could to work through my money issues. I had no idea what was about to happen. They seemed to grasp my situation; I had some money coming in and a sale of some equipment going through
The second I signed the documents the liquidators requested the keys and that was it. Everything was taken out of my hands, the sale of the equipment was totally taken control of, the money I had coming in was gone, they took over every single thing; it was all gone. The next day my savings account was frozen and what I believed was reallying going to be a beneficial situation turned out to be my worst nightmare. I lost everything!