Sentences with phrase «otherwise liquidating assets»

(d) The party has engaged in activities that suggest plans to leave Florida, such as quitting employment; sale of a residence or termination of a lease on a residence, without efforts to acquire an alternative residence in the state; closing bank accounts or otherwise liquidating assets; applying for a passport or visa; or obtaining travel documents for the respondent or the child;

Not exact matches

That's because the insurance company would otherwise lose money liquidating assets to fund your surrender (bond prices go down when interest rates go up).

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).

We do not intend to make any further distributions until after we sell, liquidate or otherwise dispose of our remaining non-cash assets, consisting primarily of our RenovaTM Cortical Stimulation System and related intellectual property, and pay or otherwise make reasonable provision for the payment of claims against and obligations of Northstar.

Indeed, several courts have held that regardless of the certainty that the tax liability will be incurred in the future if an asset is sold, liquidated or otherwise reduced to cash, the trial court is not required to speculate on or consider such tax consequences in the absence of proof that a taxable event has occurred during the marriage or will occur in connection with the division of the asset.