Sentences with phrase «through asset liquidation»

In fact, well over 95 % of all Chapter 7 cases provide for no payments to creditors through asset liquidation.
Bankruptcy allows debt to be repaid through asset liquidation, a reorganization plan, and discharge.

Not exact matches

These transfers are done through bankruptcy proceedings, the liquidation of corporate or personal assets under distress conditions and (in the case of government debts) privatization sell offs.
The debtor obtains debt relief through judicially supervised reorganizations or liquidation of his or her assets for the benefit of creditors.
Yet 37 days have passed since the failure of Viprinex, «the sole major asset of the Company,» without the Board communicating or enacting a plan designed to maximize shareholder value through the dissolution and liquidation of NTI assets.
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 the event there is a change in the corporate structure of The Hartford, such as a merger, consolidation, sale, liquidation or transfer of substantial assets, The Hartford may, in its sole discretion, transfer, sell or assign information collected on and through this Site, including personal information about you, to one or more affiliated or nonaffiliated third parties.
Chapter 7 is a liquidation process designed to wipe out all your existing loans through the repossession of your nonexempt assets.
Resource conversion — creating wealth through asset redeployments (including mergers and acquisitions, liquidations); liability redeployments; and management changes.
The company had a slightly better quarter than the preceding one, but still burned through nearly $ 0.3 M of cash (the «Book Value» column shows the assets as they are carried in the financial statements, and the «Liquidating Value» column shows our estimate of the value of the assets in a liquidation):
The Special Committee and Piper Jaffray broadly solicited expressions of interest in a purchase of or strategic relationship with the company and also evaluated several other strategic alternatives, including a distribution to shareholders through a sale of assets and liquidation of the company.
If we sell or otherwise transfer part or the whole of Blue Buffalo, any of the Services or Sites, or our assets to another organization (e.g., in the course of a transaction like a merger, acquisition, bankruptcy, dissolution, liquidation), your information collected through the Services may be among the items sold or transferred.
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.
UEC is a decentralized network protocol based on blockchain technology, which digitizes the assets and equity of the physical energy, registers, and transfers transactions and delivers liquidation through the peer - to - peer network.
Finally, in the event that CareerBuilder Employment Screening (or an affiliate) goes through an actual or potential business transition, such as a merger, acquisition, liquidation or sale of all or a portion of its assets, the personally identifiable information we collect will, in most instances, be part of the assets transferred.
Professional Experience Fortris Financial (Los Angeles, CA) 2008 — Present Portfolio Manager • Manage a universal life policy portfolio with 200 policies and over $ 800 million in face value, leading a three - person staff in the advisement of resource allocation to assets • Negotiate and effectively communicate loan re-payment and asset liquidation strategies to interested parties, including attorneys, institutional investors, brokers, agents and clients • Design and implement processes to sustain and grow AUM, while mitigating losses through effective crisis management • Document loan payments, policy values, medical records associated with policies under management • Resolve policy issues efficiently through effective communication with involved entities
Chapter 13 allows a consumer more time to repay their debts through restructuring, whereas a chapter 7 involves a liquidation of a debtor's assets and then a distribution of the recovered amount to the debtor's creditors, with the remainder of the debts being discharged forever.
Houston — Hines Real Estate Investment Trust Inc., one of three public non-listed REITs sponsored by Hines, plans to undertake its liquidation and dissolution, primarily through the cash sale, for $ 1.162 billion, of a portfolio of office assets, Hines has announced.
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