Sentences with phrase «where liquidating your assets»

There are times when you are faced with a situation where liquidating your assets seems like the best option ava... Read More

There are times when you are faced with a situation where liquidating your assets seems like the best option available...

Not exact matches

Bankruptcy: A legal procedure where the debtor's assets are liquidated by the court to account for financial obligations.

In my opinion a healthy net worth statement is one where the person could liquidate assets (such as stocks & bonds) and pay off the mortgage.

Depending upon where your current account is held, the Automated Customer Account Transfer System (ACATS) allows you to transfer assets from eligible brokerage accounts without liquidating your current positions.

In addition, if the filer has joint assets with a spouse, such as a bank account or a home, the entire asset can be liquidated by the bankruptcy court in order to satisfy the creditors of the individual, even if only the individual is filing bankruptcy, depending on the laws of the state where you live.

This can be beneficial in situations where the owner (s) of the corporation do not want to liquidate the assets themselves.

In Korea, there's been at least one case where one person hacked the account of another, liquidated his assets, and then waltzed off.

Once your assets have been liquidated, where will the funds needed to live come from in the event you suffer a disabling illness?