One Business Owner’s Story
I realized I was in trouble 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 bookkeeper, and they both encouraged me to go and see Liquidators Emerald which I didn’t do, of course. I found this other liquidation firm and they said that’s the only way out. I knew I had significant debt, but it just appeared like I had no choice. My accountant said that since I am shelling out for the liquidator and that it was likely going to be a voluntary liquidation that I would most likely be taken care of. WRONG!
I found some Liquidators, they seemed professional and capable and these people explained they would help me as much as they could to work through my money problems. I had no idea what was about to happen. They seemed to comprehend my predicament; I had some money coming in and a sale of some machinery going through.
The minute I signed the paperwork the liquidators requested the keys and that was it. Everything was taken out of my hands, the sale of the equipment was totally 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 assumed was reallying going to be a beneficial situation became my worst nightmare. I lost everything!