Posts Tagged ‘colleteral’

Can I liquidate assets I have in my business & then file bankruptcy?

Can I liquidate the assets I have inside my business to pay off other debts that I have to recoup the money I have lost and then file bankruptcy on the rest of the loan? And if the contents of the business was part of the colleteral for the loan then I assume I probably can’t do this….


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1 comment - What do you think?  Posted by Guest Author - April 19, 2010 at 2:35 am

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