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The advantages and disadvantages of liquidation

Category: Liquidation | Posted on: 30th May 2021

The advantages and disadvantages of liquidation The most common type of liquidation is a Creditors’ Voluntary Liquidation (CVL). This is a formal insolvency process that’s taken by the directors of a company. The advantage of liquidation as a CVL is that it’s voluntary, as suggested by the name. It’s also possible for a compulsory liquidation …

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The different types of liquidation

Category: Liquidation | Posted on: 27th May 2021

The different types of liquidation If your company is no longer needed or viable to continue to use, seeking advice from insolvency practitioners to understand what different types of company liquidation are available is the fundamental first step to successfully liquidating your company. Getting the best outcome for yourselves and anyone potentially owed money by …

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