A request by Asset Loans Limited for voluntary suspension from the ASX two weeks ago indicated the company's impending collapse, with administrators appointed earlier in the week.The suspension was sought on August 29, the last day for listed companies to report financial year 2008 financials to the ASX, until September 22, to allow the company to finalise financial accounts on the '… basis that the company is in negotiations with respect to settlement of imminent sales of inventories and completion of development funding. These items may have an impact on the financial accounts.'Voluntary administrators Deloitte Touche Tohmatsu have now been appointed as the Bowen marina development and other asset sales have failed, with Asset Loans now unable to meet redemption requests for notes due later this week.The notes referred to are $30 million unsecured, with terms from six months to three years.