The Resolution Trust Corporation (RTC) is formed and charged
with liquidating assets that are declared insolvent as a consequence of the S&L crisis.
Not exact matches
Consider Toys «R» Us, which is
liquidating its
assets even
with its 13.6 percent share of the U.S. toy market.
Procedures were in place to discount bills for immediate payment, and to evaluate the borrowing capacity of enterprises whose
assets could be quickly
liquidated, or well attested income streams that could be capitalized to carry bank loans, as in the case
with real property.
It's worth considering other options first, such as
liquidating your
asset and repaying debts
with cash.
Even
with a significant amount of positive working capital, however, a company can experience a cash shortage if its current
assets are unable to be
liquidated quickly.
We expect that the New Credit Facility will contain a number of covenants that, among other things, restrict SSE Holdings» ability to, subject to specified exceptions, incur additional debt; incur additional liens and contingent liabilities; sell or dispose of
assets; merge
with or acquire other companies;
liquidate or dissolve itself, engage in businesses that are not in a related line of business; make loans, advances or guarantees; pay dividends or make other distributions (
with certain exceptions, including tax distributions and repurchases of management equity); engage in transactions
with affiliates; and make investments.
With her actual campaign soon to launch, RFH is winding down, passing along its hard - won online
assets * to the actual campaign and
liquidating its physical property as fast as it can.
In that plan, excess cash would be immediately distributed to shareholders,
with the remaining
assets to be
liquidated in a timely and orderly manner over the coming months by a shareholder appointed fiduciary,
with all proceeds being distributed directly to shareholders immediately upon receipt.
The company is trying to decide what to do
with its liquid
assets, either
liquidated and payout to stockholders or pursue new business opportunities.
The decision to
liquidate your
assets will take place after meeting
with the creditors.
There may be considerable
assets that can be
liquidated to lighten the debt weight, or a debt consolidation program to replace multiple loans
with an easily - repaid single debt.
Aside from reducing settlement
with your creditors, this also makes it possible to
liquidate your
assets.
Use this form to
liquidate non-retirement
assets you currently own
with another financial institution and have the funds sent to Franklin Templeton to purchase shares of one or more Franklin Templeton mutual funds.
In a Chapter 7 bankruptcy, your
assets (
with some exceptions) are
liquidated and used to repay your creditors.
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).
NEW YORK --(BUSINESS WIRE)-- Deutsche
Asset & Wealth Management (Deutsche AWM) today announced that its Deutsche X-trackers US ETF platform,
with approximately $ 16.7 billion in
assets, will close and
liquidate the following five target - date exchange traded funds (ETFs), representing less than 1 % of the platform's
assets:
If the trustee
liquidates a secured
asset with non-exempt equity, he or she must pay off the secured creditor first before satisfying the unsecured debt.
By Pledging
Assets, a borrower eliminates the need to liquidate assets to obtain the cash needed for a down payment, avoids capital gains taxes associated with such liquidation, maintains a more liquid position, and continues to benefit from any future earned interest, dividends, and appreciation in their pledged a
Assets, a borrower eliminates the need to
liquidate assets to obtain the cash needed for a down payment, avoids capital gains taxes associated with such liquidation, maintains a more liquid position, and continues to benefit from any future earned interest, dividends, and appreciation in their pledged a
assets to obtain the cash needed for a down payment, avoids capital gains taxes associated
with such liquidation, maintains a more liquid position, and continues to benefit from any future earned interest, dividends, and appreciation in their pledged
assetsassets.
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.
Compare a consumer proposal to bankruptcy: bankruptcy can mean having to surrender some of your
assets to be
liquidated,
with the funds going back to your creditors for partial compensation of the debt.
On August 5 the shares were delisted (2 years after the approval of the liquidation) and the
assets transferred into a
liquidating trust
with the result that the shareholders became participants in this trust
with non-transferable shares.
On a similar note I'm also becoming less and less enthused
with Winthrop management's handling of their liquidation; its been almost a year now since the company's remaining
assets were put in a
liquidating trust and we shareholders have seen little in the way of property sales and
liquidating distributions.
One of the exchange - traded funds (ETFs) that investors are using to short volatility contains an interesting clause that few investors seem to have noticed: If volatility jumps more than 80 %, the fund will
liquidate with a net
asset value of zero.
If everything goes according to plan, Mancini will be debt free
with $ 1 million or more in
assets that he could
liquidate to fund retirement at 45.
With other potentially valuable
assets and Messrs. McAdoo and Muoio pushing the board to
liquidate the company, we're going to maintain our position in MATH.
Your next option would be to
liquidate the business and negotiate
with your creditors for the distribution of its
assets.
With a Chapter 7 bankruptcy, your
assets can be
liquidated to pay off unsecured debt.
Though I would like my clients to stay
with me a long time, your account can be fully or partially
liquidated, and transferred to you or another
asset manager.
These factors have significant income, estate and gift, and financial aid qualification considerations that should be discussed in detail
with your tax advisor before any decision is reached on
liquidating UGMA / UTMA
assets and investing them in a Franklin Templeton 529 college savings plan.
We're aiming for a 40 % bond / 60 % stock allocation (for simplicity I'm using just two
asset classes
with the return assumptions as above and assuming everything is
liquidated after 1 year — further allowing things to compound should make the shelter space for the higher - return equities even more valuable).
In the case that you do not own much property to begin
with, you may be considered a «no
asset» case and your property subsequently will not be
liquidated.
Apparently all is not well over at gaming service provider OnLive,
with the company reportedly
liquidating its
assets to Lauder Partners for a mere $ 4.8 million according to a report today from GamesIndustry International.
He has also served as both a
liquidating trustee for a corporation
with assets valued in excess of $ 100 million and, on several occasions, as an assignee for the benefit of creditors.
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.
Before you take drastic measures, such as draining retirement savings accounts,
liquidating assets, or using a «debt stopper» or consolidation agency, discuss your options
with an experienced attorney at our firm.
The conversion can be accomplished by dissolving the corporation and forming an LLC
with the
assets of the
liquidated corporation, although some states offer a simplified conversion process.
I also help consumers who I assist in coming to the realisation that they need to
liquidate their debt in exchange for the sur - render of their non-exempt
assets as soon as practicable, so they can obtain a fresh start and get on
with their lives.
If you cause a serious injury
with damages exceeding your insurance limits, you will have to make payments above your limits, which might even mean
liquidating your savings, property and
assets, as well as your future earnings.
Agents who sell survivorship life insurance often point out that your beneficiaries can pay estate taxes
with the proceeds of your policy, so they won't be forced to sell your house quickly or
liquidate assets to pay an estate tax bill.
Leaving your significant other
with enough readily available cash to cover your final expenses allows them to better preserve their retirement savings by not having to
liquidate 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...
Wealthy
with a large estate: Using life insurance for estate planning is a great way to protect your estate from having to
liquidate valuable
assets to pay federal or state death tax.
If you pass away
with outstanding debt, your estate's
assets could be
liquidated — sold for cash and used to pay your debts.
For example, if you have
assets that you could
liquidate in order to pay costs associated
with accidents, you may opt to have higher deductibles, or even less coverage in some situations.
Jason
liquidated personal crypto
assets through Rob and Jesse, who are registered
with FinCEN, and had cash in the dealer's hand in less than four hours.
While this rapid rise of crypto
assets has been met
with solid investor demand, KyberNetwork's says there is opportunity in the current limited options to
liquidate these digital
assets.
After you've filed it
with the court, neither you nor your spouse may sell or
liquidate any
assets.
Major Kmart landlord Malan Realty Investors today announced that its board wants to
liquidate all the REIT's
assets, including 58 properties
with a total GLA of about 5.4 million sq. ft.. The board cited Kmart's...
(Bloomberg)-- Gordmans Stores Inc., the century - old discount department store chain, filed for bankruptcy
with plans to
liquidate its inventory and
assets...