Businesses liquidating

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However, the steps preceding liquidation usually involve bankruptcy, which -- at the individual level -- virtually ruins a person's credit for several years, making it very difficult and expensive to borrow money in the future.

Here's how liquidation works in the case of bankruptcy.From Electronics, Televisions, Bathroom Vanities, Plumbing Supplies & Lighting Fixtures to Lawn Care Equipment, BBQ’s, Gas Powered Tools, Home Furnishing & Yard and Garden Supplies!We specialise in the purchase of Surplus and Excess Stock, Bankrupt Goods, Liquidation Stock and Clearance Lines.However, the steps preceding liquidation usually involve bankruptcy, which -- at the individual level -- virtually ruins a person's credit for several years, making it very difficult and expensive to borrow money.For businesses, liquidation usually means closing for good and selling off the assets.

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