Articles, tagged with "liquidation", page 1
12th November 2011
Filing a Chapter 7 Bankruptcy is the most common type of bankruptcy proceeding. It is sometimes called "straight" or "liquidation" bankruptcy. Filing a Chapter 7 Bankruptcy eliminates most kinds of unsecured debt. Some examples are credit cards, medical b...
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Author:
Edward Baker
14th October 2011
Now we are living in a world that is always dominated by the choices we make. The good choices end making us succeed and flourish and the wrong ones create misery and distress. Life is what you make of it. Throwing in the towels when there is a suitable a...
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Author:
Robert.Norris
06th October 2011
It is a common misconception that one will lose all of their assets in a Chapter 7 bankruptcy. While bankruptcies filed under Chapter 7 of the Bankruptcy Code are subject to liquidation that does not mean that you will lose everything you own. A bankrup...
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Author:
David P. Leibowitz
03rd October 2011
Many companies continue to be run even when they are insolvent to avoid triggering the personal guarantees of the directors and owners.
Some of these might be listed for sale or investment through brokers in the hope that the buyer or investor will rel...
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Author:
Ali Withers
29th September 2011
Are you a UK resident who is looking out for a loan where in you want to satisfy all your necessities immediately? Do you think you can now acquire finance immediately? Are you an adverse credit holder and want regain your credit score? If yes, then 90 da...
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Author:
Roy Miller
26th September 2011
Chapter 7 is a liquidation bankruptcy, which means the debtor’s assets will be sold in order to pay the debts owed. Bankruptcy is federal law; however, the Florida Bankruptcy law determines which property owned by the debtor is exempt from liquidation. Ex...
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Author:
Florida Law Group
26th September 2011
For those who are in debt the term bankruptcy is not new. People who are struggling to pay their bills, those individuals who are carrying a lot of debt and are having difficulty making ends meet, should consider contacting a bankruptcy attorney to discus...
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Author:
Melville Jackson
19th September 2011
A Chapter 7 bankruptcy may provide a person inundated with debt some relief. A Chapter 7 bankruptcy gives the debtor an opportunity to liquidate certain assets in exchange for a discharge from debts owed. Creditors included in the bankruptcy will be prohi...
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Author:
Florida Law Group
09th September 2011
When starting a dollar store, you will want to obtain your inventory for the lowest prices possible. It can be hard to find high value 99 cent merchandise these days. However, if you try hard enough, you will certainly be able to find the 99 cent items ...
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Author:
Bob Hamilton
07th September 2011
The High-Yield Bond is a bond that is rated below investment grade at the time of purchase. These Bonds are known for having a higher risk of default. The High-Yield market has been around since 1970s. The correlation of different kind of bonds is normal...
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Author:
JessicaThomson
24th August 2011
Defining exempt assets in bankruptcy is one of the most important considerations for people who are contemplating filing for Chapter 7 Liquidation or Chapter 13 Reorganization bankruptcy. The most pressing for concern for potential filers in this regard ...
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Author:
Ron Parker
19th August 2011
There’s a prevailing myth among some consumers that declaring bankruptcy—specifically, Chapter 7 Bankruptcy—isn’t such a bad idea, when faced with lots of debt. In fact, if you buy a bunch of things like a new television, car, hot tub, stereo, etc., and t...
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Author:
accurise
17th August 2011
If you have plans on making a business as an investment. Then, there is a wide array of options to venture into today. You can set-up a sole proprietorship, a partnership, or even taking part in a corporation. However, a popular choice nowadays is a Limit...
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Author:
WayneLambert
17th August 2011
Perhaps it's not the most obvious question but, before you buy your next insurance policy, are you sure your insurer will still be in business in six months time? So now you are looking surprised. Surely there can't be anything wrong with our insurance co...
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Author:
Norris Rios
16th August 2011
Corporate insolvency is something that no business wants to have to deal with. Corporate insolvency is what happens to a business when it can no longer keep up with its debt repayments. When a business runs out of money they become insolvent. As the Insol...
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Author:
Ben