Sentences with phrase «asset liquidation»
"Asset liquidation" refers to the process of selling off or converting assets (such as property, inventory, or investments) into cash quickly. This typically happens when a business or individual needs immediate funds, wants to close down a business, or needs to pay off debts. It involves selling the assets at a fair price to generate cash flow. Full definition
Depending on what you own and what you earn, your bankruptcy may end up costing you more in the form of asset liquidation and monthly payments to the bankruptcy estate.
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In fact, well over 95 % of all Chapter 7 cases provide for no payments to creditors through asset liquidation.
If the final decision involves asset liquidation, you will need to hand over all your assets or its cash equivalent in paying back your debt.
I recently bought into a European company that trades at about 1/3 of its hard asset liquidation value.
Chapter 7 bankruptcy is known as asset liquidation bankruptcy, or simply straight bankruptcy.
But progress has been made, as the company has just recently won court approval for asset liquidation last Friday by U.S. Bankruptcy Judge Kevin Gross.
About four - in - ten college - educated student debtors possess total debts exceeding the value of their assets, hence asset liquidation will not entirely meet their outstanding debts in the event of job losses and other unforeseen economic shocks.
He has aggressively resolved business disputes, in and out of court, and has a long record of debt recovery and asset liquidation in Wisconsin and beyond.
It's not asset liquidation, but a court - approved readjustment of your debt.
While the team at BitKan does not condone illegal asset liquidation, or other actions that violate Chinese capital controls, it still claims to respect user privacy.
Now the bondholders are clamoring for asset liquidation, hoping to get some of their money back.
Also, the White House was a fervent supporter of massive monetary stimulus as he helped keep the economy from sliding into a chaotic state of asset liquidation.
Bankruptcy allows debt to be repaid through asset liquidation, a reorganization plan, and discharge.
During a bankruptcy, preferred stockholders receive first shot at the company's asset liquidation.
Buchalter Insolvency and Financial Solutions attorneys have helped numerous wineries with restructuring, workouts and asset liquidation.
Today amounts of $ 50,000 to $ 100,000 are both prudent and reasonable given the cost of final health care bills, probate, asset liquidation and funerals.