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Dick Smith in Featherston Street, Featherston St,, Wellington CBD,, Wellington,, WGN , Opening Hours, map, phone number, sunday hours, Dick Smith.
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Description:What is voluntary administration and receivership? Voluntary administration is a temporary procedure where an external administrator is appointed to take over the company's affairs and decide on its future. Receivership means a receiver looks after the business instead of the business owner or manager, for the benefit of secured creditors. What is an unsecured creditor? This means there is no protection or security for the money that Dick Smith owes to them and they go to the back of the queue, behind secured creditors and preferential claims unpaid wages and money owed to Inland Revenue , when it comes to claiming back money. Does this mean I won't get money back on the gift card I got for Christmas?