Some Interesting Facts On Liquidation In recent times more and more people have found themselves involved in, or effected by a liquidation or insolvency process. If you are one of these people then you may be a bit confused and on the surface it can sometimes seem worse then it actually is. The term "liquidation" describes the process by which a company goes through when it sells off assets to raise money to pay off creditors. For...... Similar Editorial : Gambling Interesting Facts by Winder Liao. | Source : Credit Repair Guide