How is a receiver different to a liquidator and voluntary administrator?

Often there will be a Voluntary Administrator or a Liquidator appointed to a company at the same time as a receiver.  They each have different roles.  The difference between a receiver and a liquidator, is that a receiver's main duty of care is to a secured creditor, which is usually a bank, whereas a liquidator is concerned with all of the affairs of a company and all of its creditors.

If the Bank is threatening to appoint a receiver you should CALL US NOW for CONFIDENTIAL FREE ADVICE on your options.

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