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In most cases the when a company goes into Receivership, their assets are frozen and their doors locked so the receiver can assess the value of the business. The receiver then makes a decision as to what they own and don't own and puts all the creditors in line according to contractual obligations. The banks will be first and then the landlords etc etc. The only way to get your products back is to file a claim with the receiver and hope that you're not too far down the line because when the money runs out, all those still left to be paid, will be left high and dry.
I've heard of people losing their cars while getting fixed in garages that went bankrupt.
The only other way is against the law and i can't recommend that you do it that way.

2006-06-06 09:03:36 · answer #1 · answered by vmmhg 4 · 0 0

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