The receiver of the campervan rental firm, Pacific Horizon, says there may be sections of the business that can be saved.
Pacific Horizon employs about 60 permanent and part-time staff at its sites at Auckland, Wellington, Picton and Christchurch.
KordaMentha partners Brendon Gibson and Grant Graham have been named as the receivers.
Mr Graham says while the company is not taking any new bookings it has been letting out some campervans this week, honouring bookings.
He says about seven parties were not able to be provided with campervans and the receivers were trying to find alternative transport for them.
Mr Graham says most of the holiday bookings have been catered for.