# Liquidated coaching firm left creditors owed over $900,000 after minimal recovery

- URL: https://talkfuse.com/story/down-to-the-last-three-cents-the-spiralling-debts-behind-expat-felicity-morgans-luxury-bali-life-as-fresh-documents-reveal-the-wreckage-she-left-behind-and-she-insists-im-cooperating/
- Published: 2026-11-07T12:34:10+00:00
- Updated: 2026-11-07T12:47:26+00:00
- Original publisher: Daily Mail (publisher lean: Right)
- Original article: https://www.dailymail.com/news/article-16263641/felicity-morgan-business-savage-loan-collapsed-company-liquidator-bali-debts.html?ns_mchannel=rss&ns_campaign=1490&ito=1490
- Topics: Business, Companies, World

## Key points

- Creditors remain owed more than $900,000.
- The liquidator recovered just $24,678.63.
- Morgan says she is cooperating with the liquidator.

## Summary

Felicity Morgan’s coaching company has been liquidated with almost $1 million in unpaid debts, while creditors are still owed money after the company recovered only a small fraction of what it owes. The case matters because company records show Morgan received a $1.08 million loan from the business, and the liquidator is continuing to pursue repayment and other potential recoveries.

Records filed on 20 October show the company owes more than $900,000 to three unsecured creditors, including nearly $800,000 to the Australian Taxation Office and more than $100,000 to Mercedes-Benz Financial Services Australia. The liquidator recovered $24,678.63, paid his fees and expenses, and reported just three cents left in the bank; he estimates no further asset recoveries but is pursuing the director loan account. Morgan said she is cooperating with the liquidator, while the article reports that she and her husband live in Bali and have promoted plans for a $32 million project.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.