One Businessmen’s Story
I realized I was in strife when the bank refused to lend me any more against the farm. This home has been in the family for years and the idea of having to give it up was way too much. I called my financial advisor and my bookkeeper, and they both urged me to go and see Liquidators Gympie which I didn’t do, of course. I found this other liquidation company and they said that’s the only way out. I realized I had significant debt, but it just looked like I had no alternative. My accountant said that since I am shelling out for the liquidator and that it was going to be a voluntary liquidation that I would certainly be looked after. WRONG!
I found some Liquidators, they seemed professional and qualified and they 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 seemed to comprehend my circumstance; I had some cash coming in and a sale of some machinery going through.
The moment I signed the documents the liquidators asked for the keys and that was it. Everything was taken out of my hands, the sale of the equipment was totally taken control of, the money I had coming in was gone, they took control of each and every single thing; it was simply all gone. The next day my savings account was frozen and what I thought was reallying going to be a beneficial situation ended up being my worst nightmare. I lost everything!