Assets for bankruptcy

Posts Tagged ‘bankruptcy court’

There were a lot of software companies that had failed. I am just curious: legally who owns the intellectual property when a software company goes bankrupt? I understand the fixed assets can be sold off to repay the debtors, but what about the intangible intellectual property that may not get sold?
Also consider the scenario where the company just closes its door, and has not necessarily gone into the bankruptcy court.

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Technorati Tags: bankruptcy court, debtors, fixed assets, intellectual property, software companies, software company

(Chapter 11 bankruptcy allows a corporation to continue running while they are "reorganized" through the bankruptcy court)

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I have filed chapter 13 bankruptcy and I have not filed my income taxes yet. I have been told that the bankruptcy court can take your refund if you have one due to you. Is that true?

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Technorati Tags: bankruptcy court, chapter 13 bankruptcy, income taxes