30 Jul 2012

Kar Land Pty Ltd trading as ‘We Buy Any Car’ (In Liquidation)

READ TIME

3 min

The business operating in Australia under the brand WEBUYANYCAR.COM.AU is separate from, and has no connection with, the business operating in the United Kingdom and internationally under the brand WEBUYANYCAR.COM.

URGENT NOTICE – ALL CREDITORS AND INTERESTED PARTIES
Worrells Solvency & Forensic Accountants have been appointed as liquidators to ‘Kar Land Pty Ltd trading as ‘We Buy Any Car’.

The matter is in its infancy and we are process of collating all relevant information.

We ask for your patience during this period. Our office is currently being inundated with calls, we only have limited information to pass on at this time.

Information regarding this business will be posted on our website as and when it becomes available.

Please refer to this section ‘Press Releases’ for full information.

1. Customers – who have sold cars to the company
We understand that there are a number of people who have sold cars to the company and have not been paid. With the liquidation of the company, your claim will be a ‘unsecured debt’ in the company. Please note that regrettably you do not have the right to reclaim your car, only an entitlement to a dividend in the liquidation. This process will take some time, therefore we request your patience in the matter. In the meantime, customers are asked to provide us details of their claim, so that they can be added to our reporting database. You will be able to lodge this information via our homepage shortly.

2. Employees
With the cessation of the business, prior to our appointment, again regrettably employment arrangements have been terminated. We understand that there would be entitlements owing to you. Unfortunately the company doesn’t have funds to pay these entitlements. However we would like to inform you that your entitlements do have full priority (except for superannuation) and would be paid under the GEERS scheme (Government Employee Entitlement Redundancy Scheme). We are in the process of getting all the employee details and we will be writing to you in regards to your claims.

3.Creditors
Please note that the company has ceased trading, therefore you should not be making any supplies to the company. In the meantime, you are asked to provide us details of their claim, so that they can be added to our reporting database. You will be able to lodge this information via our homepage shortly.

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