Members Voluntary Liquidation

What is Members’ Voluntary Liquidation (MVL)?

Liquidation is the process used to wind up a Company's affairs and bring its existence to an end. A Members Voluntary Liquidation or MVL occurs when the Directors and Shareholders decide to the wind up of a solvent company’s affairs.

Who is Members’ Voluntary Liquidation for?

Only a solvent company can be wound up via an MVL.

Why do you need Creditors’ Voluntary Liquidation?

The purpose of an MVL is to finalise a solvent company’s affairs and to distribute the resulting proceeds to the company Creditors and Shareholders.

MVL does not, however, limit the rights of Creditors to pursue Guarantors of the Company’s debts or interfere with any rights secured Creditors have against the Company.

How can Offermans help?

Experience: As Townsville’s first locally-owned, independent specialist insolvency accounting practice in Townsville, we have over 20 years’ experience helping businesses through this process.

Expertise: Our staff has a wide variety of expertise and qualifications including law, allowing us to provide you the information to make informed choices to achieve the right solution for you.

Ethics: We provide professional, judgement-free, confidential and fully independent services to guide you or your business through any financial situation.

The Process

In a few steps our team can help make sense of your situation, formulate a plan that’s right for you and put it in place to achieve a solution that achieves your financial future free from unpayable debts.

  • Confidential & complimentary 1-hour consultation
  • Quote for services specific to your individual needs
  • Offermans to Develop Strategy
  • Offermans implement strategy
  • You achieve peace-of-mind and financial freedom

The First Step

Take control of your financial future.

Contact us now for an obligation-free, confidential consultaiton.

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