One Small Business Owner’s Story
I saw I was in strife when the bank wouldn’t lend me any more against the farm. This home has been in the family for years and the thought of having to give it up was too much. I called my financial advisor and my accountant, and they both encouraged me to go and see Liquidators Bunbury 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 option. 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 seemed professional and qualified and these people claimed they would help me as much as they could to overcome my money issues. I had no idea what was going to happen. They appeared to understand my circumstance; 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 machinery was completely taken over, the money I had coming in was gone, they took over each and every single thing; it was simply all gone. The next day my savings account was frozen and what I presumed was going to be a beneficial situation ended up being my worst nightmare. I lost everything!