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14-Apr-2020 05:39

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It’s not uncommon to hear the phrase “the assets are being liquidated” in news stories about the financial failure of a company or even in a personal insolvency case. If a business is in financial difficulty and cannot pay its bills then there a number of options available to it.

It could seek additional funding from investors or attempt to raise money from traditional and alternative finance streams like bank loans and invoice finance.

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An insolvent business can owe money to a number of different parties.The method used by the insolvency practitioner to liquidate the assets of a business can differ depending on a number of factors.