# Liquidating positions of an account

You can initiate a liquidation of an account by

**POST** [`/accounts/{account_id}/liquidations`](/api/liquidations/create_account_liquidation)

**Example request**


```json
{
  "user_id": "7c9dc9d0-8953-42f9-9b5e-f602a6201577"
}
```

An `account_liquidation_id` will be returned as a response. You can use this ID to track the progress of the liquidation and assign the resulting individual orders as described below.

For more information, see the ['Orders'](/products/tol/guides/orders/placing_an_order) guide.

## Webhooks

A webhook is sent for each state transition that the liquidation undergoes in its lifecycle.

**Example webhook**


```json
{
  "id": "56510309-d9de-4730-9b5b-4a0ed047f3a9",
  "created_at": "2021-07-21T14:10:00.00Z",
  "type": "ACCOUNT_LIQUIDATION.NEW",
  "object": {
    "id": "b2f541dc-a27b-4d5a-b970-41812b0892b9",
    "created_at": "2021-07-21T14:10:00.000Z",
    "updated_at": "2021-07-21T14:10:00.000Z",
    "account_id": "debf2026-f2da-4ff0-bb84-92e45babb1e3",
    "user_id": "81dfb00e-9be6-4617-8994-dfd0407f34df",
    "cash_amount": "1000",
    "currency": "EUR",
    "status": "NEW",
    "orders": []
  },
  "webhook_id": "b838bde5-b6df-4f1f-bfc4-71d3fb01d430"
}
```

Webhooks notify you of events in business processes, not the success or failure of the initialisation of those processes.

Please be sure to check the [HTTP status](/api_errors) of the response to your requests and handle failure cases appropriately.