Make no mistake, bankruptcy and liquidation are separate. Bankruptcy may be a result for you if there is a liquidation of your company, but in Australia, the company itself cannot go bankrupt. Only you can, as bankruptcy applies to personal debt. Find out how this applies and when.What is the job of a bankruptcy trustee and when should you contact one? When shouldsomeone contact the Australian Financial Security Administration (AFSA) versus trying to find aprivate bankruptcy trustee? All this and more as we continue our talk with Director’s AdvocateCheryl Stainsby.For more discussions on bankruptcy and what it means for those who file it, be sure to tune in toCheryl Stainsby's new 'Deep Dive' podcast: Surviving Bankruptcy.

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