The director of a company that once billed itself as Brisbane’s premier home extension and renovation business before collapsing has declared bankruptcy with creditors unlikely to see any of their money, according to liquidators.
Total Lifestyle Builders Pty Ltd went into liquidation in June last year owing more than $1.7m to 89 unsecured creditors as well as the ATO.
On January 1 the company’s sole director Allan Ernest Stroud declared himself bankrupt.
The Australian Financial Security Authority Official Trustee in Bankruptcy will now investigate Mr Stroud’s finances.
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Read the full article at: https://www.qt.com.au/news/brisbane-builder-bankrupt-as-company-owes-17m/4172885/
