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Receivership

Corporate Business Receivership Services

Dye & Co. Pty Ltd provides receivership services to facilitate timely and efficient management of collecting and selling assets in order to repay debt owed to a secured creditor of a company.

Our experience and expertise in this area provides the secured creditor with confidence that the matter will maximise their return in an efficient manner.

Call one of our directors on 03 9818 8800 to discuss your situation.

What is the role of a receiver?

A receiver is appointed by a secured creditor of a company who holds security over some or all of a company’s assets.

The receiver is authorised to collect and sell company assets to repay the secured creditor. In some cases the receiver may pay any surplus funds to the company or the company administrator.

In addition, the receiver must inform ASIC of any irregular matters pertaining to the company that they may detect while carrying out their role.

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