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A liquidator may also ask you to submit a proof of debt for the purposes ofvoting at a creditors’ meeting.

Employees who are owed certain employee entitlements after losing their job because their employer went into liquidation may be able to get financial help from the Australian Government. The FEG is a scheme of last resort, to assist employees who have lost their job because their employer entered liquidation.

If the liquidator rejects your claim and you are dissatisfied with the decision, your first step should be to promptly contact the liquidator to see if you can resolve the matter.

If you can’t, you have a limited time to appeal to the court.

The FEG operates in relation to claims for assistance for unpaid employee entitlements for all employer insolvency events that occur on or after 5 December 2012.

For more information visit the FEG website, call the FEG hotline on 1300 135 040 or email [email protected]

The relevant form is called a ‘proof of debt’, and can be obtained from the liquidator.

The liquidator will notify you if there are likely to be funds available for distribution and will call for proofs of debt to be lodged.

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There are two types of insolvent liquidation: In a court liquidation, a liquidator is appointed by the court to wind up a company following an application (usually by a creditor).The priority claims of directors and their spouses or relatives for the period they are a director, spouse or relative of a director are limited to a maximum of ,000 for outstanding wages and superannuation, and

There are two types of insolvent liquidation: In a court liquidation, a liquidator is appointed by the court to wind up a company following an application (usually by a creditor).

The priority claims of directors and their spouses or relatives for the period they are a director, spouse or relative of a director are limited to a maximum of $2,000 for outstanding wages and superannuation, and $1,500 for outstanding leave entitlements.

Directors and their spouses or relatives are not entitled to any priority retrenchment pay for the period they are a director, spouse or relative of a director.

Employees have priority to any compensation recovered by a liquidator.

If you believe such an offence has been committed, tell the liquidator.

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There are two types of insolvent liquidation: In a court liquidation, a liquidator is appointed by the court to wind up a company following an application (usually by a creditor).The priority claims of directors and their spouses or relatives for the period they are a director, spouse or relative of a director are limited to a maximum of $2,000 for outstanding wages and superannuation, and $1,500 for outstanding leave entitlements.Directors and their spouses or relatives are not entitled to any priority retrenchment pay for the period they are a director, spouse or relative of a director.Employees have priority to any compensation recovered by a liquidator.If you believe such an offence has been committed, tell the liquidator.

,500 for outstanding leave entitlements.Directors and their spouses or relatives are not entitled to any priority retrenchment pay for the period they are a director, spouse or relative of a director.Employees have priority to any compensation recovered by a liquidator.If you believe such an offence has been committed, tell the liquidator.

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