Exemptions outline the types and amounts of your property that is completely protected
from a liquidation sale.
But don't panic, bankruptcy law protect many possessions
from the liquidation sale.
This name comes
from the liquidation sale that takes place during some Chapter 7 bankruptcy cases.
These bankruptcy exemptions protect property, up to a certain value,
from a liquidation sale.
Any property covered under Virginia exemptions will be protected
from a liquidation sale.
And they've faced more competition
from liquidation sales amid more closures of clothing stores this year.
The Dutch design company saved 5135 items
from liquidation sales and other leftovers and invited 14 designers to create something new with
The Dutch design company saved 5135 items
from liquidation sales and other leftovers and invited 14 designers to create something new with these objects.
Not exact matches
As you may recall, last year's reported SG&A rate benefited
from additional
sales resulting
from the Kate Spade Saturday
liquidation activity.
Hensarling and other Dodd - Frank critics have called that ability — known as «orderly
liquidation authority» — a bailout, even though any taxpayer money used is supposed to be recouped
from the
sale of the company's assets or an assessment on the financial industry.
A
liquidation settles this debate, distributing to owners of pieces of paper the actual cash proceeds resulting
from the
sale of corporate assets to the highest bidder.
Barnes & Noble Inc., the target of a $ 1 billion bid
from Liberty Media Corp., posted a wider fourth - quarter loss
from a year earlier, hurt by bankruptcy
liquidation sales at Borders Group Inc. and investments in digital books.
MathStar Inc's (OTC: MATH) board has rejected the $ 1.04 per share cash merger offer
from PureChoice, Inc. because «the $ 1.04 per share price is less than the
liquidation value of MathStar, including the value
from any technology
sale, and, in the Merger, MathStar's shareholders would derive no value
from MathStar's net operating loss carryforwards.»
In the 13D filing the individual states his intent which is «As Aspen currently has no active business operations and a significant amount of liquid assets, (individual name) believes that there is broad shareholder support for the implementation of a plan of
liquidation and distribution of substantially all the proceeds
from the
Sale and Aspen's additional liquid assets to Aspen's shareholders.
Chapter 7 Bankruptcy is considered a
liquidation bankruptcy and generally liquidates a debtor's nonexempt assets, using the proceeds
from the
sale to repay the debtor's creditors.
The good
sales process was also a consequence of executives / insiders directly profiting
from a smooth
liquidation in the form of equity ownership and incentive fees.
From time to time, RHS / Rural Development has homes for
sale that have been acquired through
liquidation of loans.
A chief restructuring officer was brought in
from Capstone Advisors and, after a period of reviewing strategic alternatives including acquisitions, a business combination, the
sale of the company or
liquidation, new management concluded that
liquidation was in the best interest of shareholders.
But investors obviously aren't prepared to give management any benefit of the doubt here, and to date the company's cash pile has been inaccessible (& therefore «worthless» in many respects)-- realistically, a decent return
from here is only going to be delivered via a
sale or
liquidation of the company, with the cash pile returned to deserving shareholders (now the only logical step, with acquisitions killed off & presuming the restructuring ensures profitability).
A
liquidation settles this debate, distributing to owners of pieces of paper the actual cash proceeds resulting
from the
sale of corporate assets to the highest bidder.
This board's estimate of the
liquidation value also excludes revenue
from any
sales of the MATH's existing inventory of field programmable object array chips or its FPOA technology.
We've been following ASPN (see our ASPN post archive) because it's trading at a discount to its $ 1.17 per share
liquidation value and there are several potential catalysts in the stock, including a 13D filing
from Tymothi O. Tombar, a plan to distribute substantially all of the net, after - tax proceeds
from the completion of the Venoco
sale to its stockholders ($ 5.3 M), and the possibility that the company will dissolve.
As Aspen currently has no active business operations and a significant amount of liquid assets, Mr. Tombar believes that there is broad shareholder support for the implementation of a plan of
liquidation and distribution of substantially all of the proceeds
from the
Sale and Aspen's additional liquid assets to Aspen's stockholders.
However, many of your possessions will likely be safe
from liquidation: Maryland bankruptcy law outlines several exemptions to protect your essential belongings, including your home,
from this
sale.
During the
liquidation effort, cash generated
from operations and property
sales would be used first to make required repayments of debt and other liabilities, and then distributed to common shareholders, the company said.
After repeated requests
from various attorneys and associates, he moved into stock
liquidation work and business broking as well, using the network built up over the years to get good, quick
sales for his clients.
Mommy2malia purchased the counter-height tables
from a store
liquidation sale and found floating shelves at a local garage
sale.