One Business Owner’s Story
I knew I was in strife when the bank refused to lend me any more against the farm. This home has been in the family for years and the idea of having to give it up was way too much. I called my financial advisor and my bookkeeper, and they both encouraged me to go and see Liquidators Tweed Coast which I didn’t do, of course. I found this other liquidation company and they said that’s the only escape. I realized I had significant debt, but it just appeared like I had no choice. My accountant said that because I am shelling out for the liquidator and that it was going to be a voluntary liquidation that I would most likely be protected. WRONG!
I found some Liquidators, they appeared professional and capable and these people explained they would help me as much as they could to overcome my money problems. I had no idea what was going to happen. They seemed to grasp my circumstance; I had some cash coming in and a sale of some equipment going through.
The second I signed the paperwork the liquidators requested the keys and that was it. Everything was taken out of my hands, the sale of the machinery was completely taken over, the money I had coming in was gone, they took over every single thing; it was simply all gone. The next day my savings account was frozen and what I felt was reallying going to be a beneficial situation became my worst nightmare. I lost everything!