Colorado Bankruptcy Exemptions: Assets You Can Keep
Mar 16, 2018
When someone files for bankruptcy in Colorado, the law protects many of their assets using the asset protection laws called exemptions. These laws exclude assets from being taken by the Bankruptcy Tru...
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Filing for Bankruptcy: Are You Ever Too Young or Too Old?
Mar 16, 2018
If you fall in one of the age extremes, you may be wondering, "Are there age restrictions to filing for bankruptcy?" The answer usually is that no matter your age, it's the specifics of your situation...
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Six Things to Know Before Filing for Bankruptcy
Mar 16, 2018
Bankruptcy can be a valuable tool. Don’t be afraid to file it, just make sure you’re doing it right. Hire the right attorney It's easy to go and interview several attorneys, but it's up to you to ask ...
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What Happens When a Company Enters into Receivership? How About Liquidation?
Jan 31, 2018
There are several options for companies that owe large amounts of money to creditors and must find a way to pay them off. Receivership and liquidations are two of them. Often mistaken or misunderstood...
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What Differences Are There Between Insolvency and Liquidation?
Jan 24, 2018
Many company owners have a hard time understanding the legal terms that apply to financially distressed businesses. Today, we are only going to focus on two of the recurrent words you’re likely to hea...
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What Will Happen to Your Employees After Bankruptcy?
Jan 22, 2018
If you have filed or you are about to file for bankruptcy, you are probably asking how this process will affect your employees. In this guide we’re going to focus on the most important aspects, your s...
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Who Can Be Appointed as a Receiver?
Jan 22, 2018
In a business litigation process involving a company’s dissolution, the parties might end up fighting due to fraud or mismanagement allegations. At this point, the courts often decide to appoint a rec...
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What Is the Difference Between Receivership and Liquidation?
Jan 22, 2018
If you run a business, you most probably fear the terms ‘receivership’ and ‘liquidation’ by default. The truth is that most business owners have a hard time understanding these two notions and they fr...
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Assignment for Benefit of Creditors. What Advantages Are There?
Jan 22, 2018
ABC – assignment for the benefit of creditors might be the solution for your insolvent business. This procedure entails several advantages, but it’s by no means as simple as ABC. In this post, I will ...
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What Does It Mean When a Company Has Been Placed in Receivership?
Dec 04, 2017
Many business owners ask themselves what it means for a company to be placed in receivership. This guide aims to answer your question and give you more insight into what receivership means and how it ...
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