DOCA, LiQUIDATION or CONTROL RETURNED TO BOD, page-22

  1. 2,436 Posts.
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    they can only provide the receiver with information, generally the only advice you will receive is LIQUIDATORS APPOINTED, they may enter an agreement with creditors known as a DOCA, suspension can be long and protracted but generally creditor meeting must be within 2 weeks and the creditors actually make the decisions regarding what they will accept, so 2 weeks we will know more, I am not prepared to bag out the board prefer to think of it all as A Series of Unfortunate Events I know from past personal experience how difficult life can be stuck between a wall and the dark blue sea with no land insight that one cost me almost everything, this one is just hugely inconvenient hoping to die a self funded retiree, and there is always the chance it will have the suspension lifted depending on outcomes
    Last edited by mechanic: 10/12/24
 
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