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OneRoof·3 min read·medium

‘Completely separate issues’: Wild Poppies founder's coastal homes face mortgagee sale

N
Nikki Preston
‘Completely separate issues’: Wild Poppies founder's coastal homes face mortgagee sale
✦AI Summary

Former Wild Poppies owner Kerry Bradburn is facing mortgagee sales on multiple coastal properties following the collapse of her business. Bradburn maintains that her personal financial situation is unrelated to the company's liquidation and creditor disputes.

Why it matters

The case illustrates the personal financial fallout often associated with business insolvency and the scrutiny of asset transfers prior to liquidation.

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Share twitter Share linkedin Share link Former Wild Poppies owner Kerry Bradburn says the collapse of her business has “nothing to do” with the mortgagee sales. Photo / Supplied - Kerry Bradburn’s coastal homes will be sold at a mortgagee auction next month.

- Bradburn’s financial issues surfaced when Wild Poppies collapsed, owing creditors over $1.3m.

- She sold the company to her son before liquidation; creditors are angry about the sale.

The multimillion-dollar coastal homes of Kerry Bradburn, the former owner of under-fire online florist Wild Poppies, will be sold at a mortgagee auction next month.

Bradburn’s financial issues came to light earlier this year when Wild Poppies collapsed owing creditors more than $1.3 million.

Bradburn came under fire after selling the company to her son the day before the liquidators stepped in.

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