Most commonly, creditors appoint a liquidator by utilising the statutory demand process (if the debt is more than $1000) and then if unsatisfied, file an application at the High Court seeking a liquidation order.

Where debtors don’t pay us, we commonly appoint liquidators at the High Court.

There is a process and consequences involved in utilizing this process.

It is important for creditors to understand the process.

For a full analysis of the process and relevant considerations for creditors, we refer you to the article by Norling Law:

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