Sentences with phrase «liquidation of one's assets»

Chapter 7 is known as straight bankruptcy, and involves liquidation of all assets that are not exempt.

This is a Chapter 7 bankruptcy, which results in liquidation of assets and company closure.

A Chapter 7, commonly called liquidation of your assets, is normally the simplest and quickest form of bankruptcy.

The remaining qualified debts that can not be repaid through liquidation of your assets are forgiven entirely.

This preference is significant when it comes to the payment of dividends and voluntary liquidation of assets, but is essential in bankruptcy situations.

The alternative to final expense insurance is to raise money through liquidation of your assets, charity, or forcing your family and friends to cover you final costs.

Chapter of the Bankruptcy Code that provides for court administered liquidation of the assets of a financially troubled individual or business.

I suppose I fit into the 6 month catagory (tapping beyond 6 months requires liquidation of some assets and positions, so my net worth is being impacted).

The sale will be part of a larger liquidation of assets belonging to convicted criminal Aaron Michael Shamo.

The sale will be part of a larger liquidation of assets belonging to convicted criminal Aaron Michael Shamo.

Chapter 7 Bankruptcy: A form of bankruptcy that involves total liquidation of assets.

I know here that the division of assets in a divorce have forced liquidations of assets when held individually outside the marriage?

«The judgment against CFA and CSS will be partially satisfied via liquidation of their assets.»

Chapter 7 bankruptcies are geared more towards liquidation of assets.

The Bankruptcy Abuse Prevention and Consumer Protection Act (2005)-- The 2005 Bankruptcy Act made it much more difficult for individual debtors to file for chapter 7 bankruptcy by establishing a «means test,» which essentially requires the debtor to prove chapter 7, a massive liquidation of assets, is the only option.

I imagine that you are busy consulting with sundry advisors as to ways to maximize shareholder value, including, but not limited to the immediate liquidation of our assets.

Now, as for the «retirement» of the Baby Boomers: there will be some stagnation in our equity markets to the degree that retirement causes liquidation of assets.

Representing the Unsecured Creditors» Committee in the bankruptcy of a major auto dealership, including the auction liquidation of its assets to the benefit of creditors.

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.

Had these clients chosen the adversarial litigation model for divorce, it both is highly unlikely if not impossible that the clients would have considered continuing to work together and to co-own their business, and highly likely that there would have been a forced liquidation of assets and a division of the proceeds, which may well have led to a failure to capture the full value of such assets.

The offer does not exceed the value of Toys «R» Us in a liquidation of its assets, said the person, who could not be identified because the decision to turn away the offer is not yet public.

Consolidate recordkeeping and minimize cost by having Schwab Charitable manage the liquidation of assets

Toys R Us, for example, an established brick - and - mortar player that was founded in 1948 by Charles Lazarus, recently announced the liquidation of its assets, with payments to suppliers and lenders hanging in the balance.

Chapter 7 bankruptcy, also known as a liquidation of assets, liquidates eligible assets to pay off as much of your outstanding debt as possible.

You'll be responsible for safeguarding and valuing the assets, dealing with banks, brokers, and insurance companies, and arranging for the investment or liquidation of assets.

Preferred stocks pay dividends at a specified rate and receive preference over common stocks in terms of dividend payments and liquidation of assets.

Preferred stocks are a class of capital stock that pays dividends at a specified rate and has a preference over common stock in the payment of dividends and the liquidation of assets.

Preferred stocks are a class of stock that pays dividends at a specified rate and has a preference over common stock in the payment of dividends and the liquidation of assets.

This may also occur if you request a liquidation of assets other than the standard money market fund in your account.

If cash flow draws down to a point where business operations are no longer sustainable and an external capital infusion is no longer feasible to maintain operations, then a planned termination of operations and a liquidation of all assets are sometimes the best options to limit any further losses.

Dischargeable, unsecured debts which remain after the liquidation of the assets are generally discharged.

Bankruptcy laws, changed in 2005, made stricter rules for who can file a Chapter 7 bankruptcy, the simplest form of bankruptcy that requires a liquidation of your assets.

I was very surprised to see the company was liquidating, and even more surprised when I read up on it to see the reason behind the liquidation; management concluded that, despite their best efforts, the Market was not attributing enough value to the company and that shareholders would be best served and realize the most value by a liquidation of the assets.

Chapter 7 is a «liquidation of assets» and gets rid of all debts (except some taxes and alimony payments) at the price of a total liquidation of assets.

Any remaining unitholders of the ETF as at the Termination Date will receive the net proceeds from the liquidation of the assets, less all liabilities and all expenses incurred in connection with the dissolution of the ETF, on a pro rata basis.

Short term financing, where the portfolio's «market value» gets measured on a daily basis has a much bigger impact, because as prices fall, liquidation of assets can feed a collapse of prices.

Since selling a company often involves partnership interests, corporation interests, investors and the liquidation of assets, it is highly recommended that you acquire experienced, professional assistance from a lawyer rather than trying to do it on your own.

The divorce process would likely have taken place over a period in excess of one year and the liquidation of assets could have been structured and put into effect during that period.

We assist our clients with routine business matters, contracts, legal entity formation, joint ventures, partnerships, acquisition of assets, sale and liquidation of assets, reorganizations, asset protection and litigation.

This case arose out of a CEO's looting of a corporation, resulting in the involuntary bankruptcy of the corporation and the liquidation of its assets.

The old Partnership or LLC is considered terminated upon the liquidation of its assets.

The litigation concerns the meaning of the exception in TUPE reg 8 (7) which excludes the protection of TUPE where «the transferor is the subject of bankruptcy proceedings or any analogous proceedings which have been instituted with a view to the liquidation of the assets of the transferor».

This is not to suggest that the Receiver is not qualified or capable of orchestrating the liquidation of the assets.

This may be the case, but the assets may not be in cash and require a liquidation of the assets.

Entities don't carry such ownership rights as individuals and different laws apply to termination of entities or liquidation of assets and interests.