Voluntary Administration usually lasts from 25 to 30 days, at the second meeting (major meeting), the Creditors will usually decide on one of the following courses of action that the Company should take:
CrossRoads Insolvency is your Voluntary Administration specialist, and exists to guide you through the process and provide you with all the answers that you may be seeking.
We are experienced, fully qualified accountant.
Our step by step approach reduces your stress to a minimum, making the process as smooth as possible.
We can tailor a simple, practical solution to sort out the mess to best achieve your desired result.
I am involved in the building industry as a subcontractor and when the builder failed to pay me it destroyed my cashflow and my business. Crossroads provided me with the alternatives and the likely consequences of each action and I was able to move forward with my business.
When my company’s property development project failed to obtain a DA approval, with $3 million owning, CrossRoads pointed out that Liquidation was the most practical way to go. Dealing with them is easy and efficient and I recommend them highly.
Our engineering company was placed into liquidation by mistake. Marc and the team spent time listening to us to better understand our situation, they assisted us in negotiating with the Liquidator and terminating the liquidation. We finally got our company back and started operating again. I would definitely recommend their services.
The team was always available to answer my questions. they definitely go above and beyond. Trustworthy team and service
Quick and professional service provided by Leanne and her team. Much appreciated during a sressful period for us.