Draft for review
Liquidator interviews

Correct an interview answer when the records show something different

Handle a factual correction after a liquidator interview when later records contradict recollection.
Corporate Recovery Partners
CRP Paul avatar beside CORRECT THE RECORD CLEARLY and Tell your adviser when documents change your recollection after answering a liquidator’s questions. on a monochrome 1609 cover.
01 / 06

A document changes what you remember

After speaking with the liquidator, you find a bank statement showing that a payment happened differently from the way you recalled it. Tell your lawyer promptly and ask how to correct the information. Do not leave an answer you now know may be inaccurate simply because correcting it feels uncomfortable. Equally, do not send a hurried new explanation before checking what the records actually show.

02 / 06

Identify the precise difference

Imagine a director recalling that a supplier was paid before a major customer cancelled an order. The statement shows the payment occurred afterwards. Note the question, the answer as you remember giving it and the evidence now located. Distinguish a confirmed date from any remaining uncertainty about who authorised the payment or why it was made.

03 / 06

Preserve both the record and the correction

business.gov.au recommends protecting records from unauthorised changes and keeping backups. Retain the original statement and relevant correspondence. Do not alter a diary entry to make it appear that you always remembered the correct sequence. Prepare a separately dated note explaining what was found and when. Your adviser needs the actual history of the information, including the reason for the correction.

Source: business.gov.au: Record keeping

04 / 06

Keep the explanation within your knowledge

In the director's example, the statement establishes the payment date but may not explain the commercial reasoning. Say what the document supports and what you cannot now remember. Avoid replacing one uncertain answer with a confident story constructed to make the timing seem better. Ask the lawyer about any other records that should be checked before the correction is provided.

05 / 06

Use the appropriate follow-up channel

Have the adviser explain how to send the correction and supporting material, taking account of the nature of the interview and any formal process. Identify the particular answer being corrected so the recipient can connect it to the earlier discussion. Keep evidence of what was supplied and any acknowledgement or further request that follows.

06 / 06

Continue answering from the evidence

If the correction prompts additional questions, preserve them and respond through the advised process. Review related information without assuming every previous answer is wrong. A clear, timely correction helps maintain an accurate account of events. It is more useful than concealing a discrepancy or trying to make later documents fit a recollection that the evidence no longer supports.

Tell us about your situation

Contact us today for a private and confidential discussion.