Dealing with business insolvency
Your business is insolvent if its unable to pay its debts when they're due, or the businesses liabilities (debts) are greater than the value of its assets. Regular financial reports will tell you if your business is solvent or insolvent. This is an introduction to dealing with business insolvency.
An article with information for business owners relating to company liquidation describing the three ways a company will usually be placed into liquidation. Includes links to further information relating to company liquidation and a section on frequently asked questions.
This information is brought to you by Ministry of Economic Development
This New Zealand government site provides information and online services on personal bankruptcies and company liquidations that are administered by the Insolvency and Trustee Service.
This information is brought to you by Insolvency and Trustee Service
Frequently asked questions about receivership for business owners including what receivership is, who is a receiver and the difference between receivership and liquidation.
This information is brought to you by Companies Office
Frequently asked questions for business owners about how a company may be put into liquidation, how a liquidator is appointed, what happens during a liquidation and when a liquidation is complete.
This information is brought to you by Insolvency and Trustee Service