Sentences with phrase «liquidation of assets used»

The purchase of a Single Premium Immediate Annuity can be advantageous in the countable asset calculation, because it can be earmarked as a separate income stream and is not subject to liquidation of assets used to pay confinement care type costs.

Not exact matches

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.

appear to be engaging in phoenix activities (using liquidation to avoid financial obligations without risking assets and with the intention of resuming business operations through a new entity).

In reality the liquidation value of assets (even financial assets) is very different from their historical cost, or their market value, or the present value of their productive use.