Company bankruptcy - How far can it go?

Discussion in 'Business Accounting, Tax & Legal' started by devank, 30th Jan, 2018.

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  1. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Member

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    Who knows - you haven't told us the whole story.
     
  2. devank

    devank Well-Known Member

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    Finally, everything is settled now. They have sold the house for a decent price. They have moved in with their parents. They have 'merged' their business into a bigger firm and she got a job there from the day 1. Partner has also found a decent job with another company. They have paid off all their debts using the house sale and business sale.
    They are rebuilding their lives now.... but their mental state is so much better now.

    Thank you @Paul@PFI, @Terry_w, @sanj, @RPI, @BennEznElle & @hobartchic for giving useful advice.
     
  3. TMNT

    TMNT Well-Known Member

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    That's great news.
    At least she gave it a go. Full respect
     
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