Types of Liquidation: 

Voluntary Liquidation – Initiated by company owners when they decide the business is no longer financially viable. 
Compulsory Liquidation – A court-ordered process where creditors apply to liquidate a company due to unpaid debts. 

If your business is: 
– Unable to pay its debts as they become due 
-Facing ongoing financial losses with no recovery plan 
-Receiving legal action from creditors for unpaid invoices 
– Seeking a structured and legally compliant closure 

liquidation may be the best option to resolve outstanding liabilities and prevent further financial strain. 

Business Debt Assessment – We analyse your company’s financial position and explore possible solutions. 
Voluntary Liquidation Assistance – We guide directors and shareholders through the voluntary liquidation process. 
Compulsory Liquidation Representation – Legal support in responding to or initiating court-ordered liquidation. 
Creditor Negotiations – Where possible, we mediate with creditors to explore debt restructuring or alternative solutions. 
Asset Distribution & Settlements – Ensuring compliance when liquidating assets and settling debts. 
Compliance & Legal Documentation – Handling all required paperwork to ensure a smooth and legally sound process. 

Once a business is liquidated, the company’s assets are sold, and the funds are used to settle debts. After liquidation, the business is deregistered, and the directors are relieved of obligations—except in cases of reckless trading or personal liability. 

–Experienced Legal Team – Specialists in liquidation law and corporate restructuring. 
-Confidential & Professional Process – We handle every case with discretion and efficiency. 
-End-to-End Support – From assessment to final deregistration, we guide you every step of the way. 

If your business is struggling and liquidation seems like the best option, contact YJVR Attorneys today. We provide expert legal assistance to ensure a seamless and legally compliant process.