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01-Oct-2019 22:33
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You can choose to liquidate your limited company (also called ‘winding up’ a company).
The company will stop doing business and employing people.
O’Keefe has the resources and experience to maximize proceeds to repay debts and increase the potential for a return to ownership when lenders, owners, other stakeholders have agreed to liquidate some or all of the assets of an organization.
We work out-of-court by mutual agreement of the parties or in-court through judicial appointments.
When you liquidate a company, its assets are used to pay off its debts. You’ll need a validation order to access your company bank account.
If that money has not been shared between the shareholders by the time the company is removed from the register, it will go to the state.