DPSP's aim is to help business owners KEEP thier business if at all possible.  This however will only be DPSP's aim if we feel once talking to our professionals, that the business is worth keeping.

Voluntary liquidation is one solution when it comes to businesses.  It involves dissolving all of a company's assets, paying off employees (following redundancy law) and closing the business down.

This solution is usually only considered when all other options have failed (eg when no one is interested in buying the business or taking over its management - "Business Rescue Solution").

This solution can be quite expensive, and therefore voluntary liquidation is unlikely to provide the best returns for business owners who are looking to raise cash, but it can stop creditors chasing you and remove the stresses of running a failing business, giving you the business owner a chase to a clean start.

There are other solutions for businesses, DPSP would look at these with their team of professionals BEFORE suggesting Voluntary Liquidation.