It's worth considering other options first, such
as liquidating your asset and repaying debts with cash.
Not exact matches
The family is still in the process of
liquidating assets and investing the proceeds in cryptocurrencies
as they go.
Procedures were in place to discount bills for immediate payment, and to evaluate the borrowing capacity of enterprises whose
assets could be quickly
liquidated, or well attested income streams that could be capitalized to carry bank loans,
as in the case with real property.
Unfortunately, customers of Huobi and OKCoin might be forced to
liquidate their cryptocurrency
assets,
as withdrawals will be made in renminbi — something that could trigger unwanted tax burdens.
Most notably, RNY Property Trust's (RNY) net tangible
assets (NTA) deteriorated over the year
as its manager, New York based RXR Realty, announced it was
liquidating the Trust's portfolio of office buildings (see below).
The reason is that if you were to default on your loan or miss several payments, then the bank would
liquidate the
assets as quick
as possible at a lower price.
A dark day for rough approximations of food,
as Hostess has filed a motion in bankruptcy court, asking to
liquidate its
assets and go quietly into that great night.
With her actual campaign soon to launch, RFH is winding down, passing along its hard - won online
assets * to the actual campaign and
liquidating its physical property
as fast
as it can.
As it turns out, Shaun's father had
liquidated his
assets before his death, storing $ 4 million in a hidden safe somewhere in the sprawling estate.
Normally
assets do not need to be
liquidated as a taxpayer's income will finance the payment plan.
This plan
liquidates your current
assets, if you have any, to pay off
as much of the debt you owe
as possible.
Investors tend to be trend followers, so yes,
as redemptions pile up at hedge funds, risky
assets will get
liquidated.
Chapter 7 bankruptcy, also known
as a liquidation of
assets,
liquidates eligible
assets to pay off
as much of your outstanding debt
as possible.
Though we have difficulties at present from the housing overhang, and the unwind of financial leverage, there will be continuing difficulties over the next two decades
as assets must be
liquidated and taxes raised to support the promises of Medicare, and to a lesser extent, Social Security.
Other than in terms of cash - type emergency funds (my general policy is to have enough cash to get home, however far from there I might be) I consider available credit +
assets that can be
liquidated reasonably quickly to count
as emergency fund money.
It's designed to
liquidate (or sell) off property or
assets so that the resulting proceeds can be used to pay off
as many of the debts and loans
as possible in a fair manner.
It serves
as the total value of the company's
assets that shareholders would theoretically receive if a company were
liquidated.
``... if the company were actually
liquidated the value of the
assets would most probably be much less than their book value
as shown on the balance sheet.
In my opinion a healthy net worth statement is one where the person could
liquidate assets (such
as stocks & bonds) and pay off the mortgage.
And it's far better to get in front of this problem before you are forced to make changes such
as being evicted from your home or being forced to
liquidate valuable
assets in order to pay for a lifestyle you can't really justify.
In case of a bankruptcy an RRSP is,
as an
asset,
liquidated and the funds are distributed to creditors.
- These are one of the easiest
assets to
liquidate for the NRIs
as compared to other
assets like real estate.
This simply means that you can authorize the movement of money into an IRA
as well
as stocks and other non-cash
assets without
liquidating them.
For the NAV investments at discount prices, long - term performance ought to be good enough if the issuer can continue to increase NAV, or if the company engages in resource conversion activities such
as getting taken over,
liquidating assets, or buying back common stock on a massive scale.
We estimate ESIO's stand alone
liquidating value at around $ 277M or $ 10.12 per share, which is 54 % higher than its close,
as the following summary analysis demonstrates (the «Carrying» column shows the
assets as they are carried in the financial statements, and the «
Liquidating» column shows our estimate of the value of the
assets in a liquidation):
With Chapter 7, many homeowners who file for bankruptcy end up having to
liquidate their home
as an
asset, through short sale or otherwise (though this isn't always the case).
In Chapter 13, instead of having your
assets liquidated, you repay whatever the Chapter 7 trustee would have paid — known
as «liquidation analysis.»
The
assets of the individual will be reviewed and possibly
liquidated in order to satisfy debts
as a part of a bankruptcy proceeding.
Par value of a preferred stock is significant
as it indicates the dollar amount of
assets each preferred share would be entitled to should the company be
liquidated.
In addition, if the filer has joint
assets with a spouse, such
as a bank account or a home, the entire
asset can be
liquidated by the bankruptcy court in order to satisfy the creditors of the individual, even if only the individual is filing bankruptcy, depending on the laws of the state where you live.
As an example, for an index fund,
assets may get
liquidated if the underlying index changes in composition, thus requiring the manager to sell some stocks and purchase others.
As I noted yesterday, excluding the «Fixed and miscellaneous
assets» from the
liquidating value calculation makes for an exceptionally austere valuation.
If you are struggling to pay your debts, and there are no
assets available to
liquidate to pay down or pay off loans, bankruptcy will need to be considered
as an option.
Lenders want to know that you can
liquidate these
assets to use
as a down payment.
It's known
as «liquidation bankruptcy» because the trustee will
liquidate non-exempt
assets.
C. is the same calculation
as B. but on a per share basis: the net current
asset value per share ($ 3.03), which, when added to the non-current
asset value per share ($ 0.11), gives the
liquidating value per share ($ 3.15).
One to two years is a good goal to store
as a combination of necessary supplies and
assets that can be reliably
liquidated within 3 to 6 months.
As long as working capital is not overstated and operations are not rapidly consuming cash, a company could liquidate its assets, extinguish all liabilities, and still distribute proceeds in excess of the market price to investor
As long
as working capital is not overstated and operations are not rapidly consuming cash, a company could liquidate its assets, extinguish all liabilities, and still distribute proceeds in excess of the market price to investor
as working capital is not overstated and operations are not rapidly consuming cash, a company could
liquidate its
assets, extinguish all liabilities, and still distribute proceeds in excess of the market price to investors.
7)
As assets shrink, what will you
liquidate?
And,
as you need,
liquidate some of the
assets that offer the least future potential for your use.
Tangible book value is what shareholders of the company can expect to receive if the company were to go bankrupt and takes out items such
as goodwill that no one buys when
assets are
liquidated.
The trustee works hard in order to pay back the creditors
as much
as possible by
liquidating your
assets, and the more
assets the trustee recovers from you, the more the trustee is paid.
But if you own any other income producing
assets such
as real estate, have more than one car, have life insurance valued at over $ 1,500, or if you have stocks and bonds of any amount, you won't get any help from Medicaid until those
assets are
liquidated.
Unless a Fund,
as a covered dealer call option writer, is able to effect a closing purchase transaction, it will not be able to
liquidate securities (or other
assets) used
as cover until the option expires or is exercised.
9)
As assets shrink, what should be
liquidated?
Pursuant to the Plan, the Company is also authorized to dispose of its remaining non-cash
assets, on such terms and at such prices
as the Company's board of directors, without further shareholder approval, may determine to be in the best interests of the Company and its shareholders, to pay or make reasonable provision to pay all claims against and obligations of the Company, to make such provisions
as will be reasonably likely to be sufficient to provide compensation for any claim against the Company which is the subject of a pending action, suit or proceeding to which the Company is a party, to distribute on a pro rata basis to the shareholders of the Company the remaining
assets of the Company, and, subject to statutory limitations, to take all other actions necessary to wind up and
liquidate the Company's business and affairs.
Since [VNDA] continues to operate
as of the date of this filing and has not publicly announced any plan of liquidation and dissolution, the Reporting Persons believe [VNDA]'s Board of Directors has rejected their proposal to immediately cease all operations,
liquidate [VNDA]'s
assets and distribute all remaining capital to the stockholders.
We're aiming for a 40 % bond / 60 % stock allocation (for simplicity I'm using just two
asset classes with the return assumptions
as above and assuming everything is
liquidated after 1 year — further allowing things to compound should make the shelter space for the higher - return equities even more valuable).
He has also served
as both a
liquidating trustee for a corporation with
assets valued in excess of $ 100 million and, on several occasions,
as an assignee for the benefit of creditors.
Sears Canada announced its intention to apply to the Ontario Superior Court of Justice for approval to begin
liquidating its remaining 130 stores and
assets, potentially
as soon
as Oct. 19.