So What's The Difference? Insolvency vs Bankruptcy vs Liquidation?

[@emmanuellaboateng9751]

Hey this was really helpful! Law student here writing essays and needed the definitions broken down for me . Thank you

[@insolvencyinsider]

Glad it was helpful! All the best with your law studies.

[@lynderregina8933]

Australia is like Kenya. We refer to Bankruptcy for individuals only and not companies

[@serenawang5034]

Can you talk about DOCA?

[@sumairahussain.]

Hello, I just wanted to know the risk involved as a insolvency specialist and how to be complaint.

[@thoshankarrannagoda5868]

This is really useful video. I am student who is eager to start my career in solvency. Thank you so much ☺☺

[@arfath4]

Thanks that’s very helpful

[@explorecareer3279]

Hello what will happen to the refund's tuition fee of offshore applicants if their school provider is closed? what is the process? thank you so much

[@arjunchatterjee875]

because nothing can be salvaged from their business they may face liquidation

[@paulfernandes8962]

Good video which explains very clearly thank you

[@insolvencyinsider]

Glad it's helpful Paul!

[@aikoka6592]

Thank you so much for this

[@arjunchatterjee875]

if no rescue is feasible it may result in liquidation of company

[@ibreei3259]

Thank you for your explanation very helpful!

[@insolvencyinsider]

Thanks & glad it was helpful!

[@stevenscross5768]

I was a plant manager for a commercial printing plant. Unfortunately insolvency are one of the most abused processes to the employees. Myself and my employees lost all our vacation pay $45,000 the insolvency administrator told me he Has immunity and can do what ever he wants!! And he was right the labor board closed the case on my employees because the insolvency company was involved and they would pay us? However that never happened! I guess I have a bad taste in my mouth for this process since I investigated this I found out the industry got immunity for itself and abuses The employees quite often since I met several other people that had the same thing happened to them the corporations take care of themselves not the employees!

[@insolvencyinsider]

Hi Stevens, I'm so sorry to hear this happened to you. Are you in Australia? If so, are you able to make a claim with the Federal Government's Fair Entitlements Guarantee (FEG) scheme? www.ag.gov.au/industrial-relations/fair-entitlements-guarantee-feg

[@camjay8048]

My name is jeff