Posts Tagged ‘debtors’

Who owns the intellectual property when a software company goes bankrupt?

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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Chapter 13 Bankruptcy – How are the repayment figures calculated?

I am thinking of filing for Chapter 13 bankruptcy. I already have one judgment against me and I am worried another collection agency will be taking further action. How do they calculate the amount that the Trustee will accept for repayment? I am already paying close to 00 for my unsecured debtors. I am concerned because I am going to have some large medical bills in the near future. Any help would be appreciated. Thanks.


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What is the best way to file bankruptcy if you do not have assets?

I have around k in debt. The debt is all personal debt and there are no co-signers nor assets in question. As for my personal assets, I don’t believe I really have any. My car is eight years old and I live in an apartment. I was considering filing bankruptcy before I begin a new job and get better pay (therefore, they do not see a bigger paycheck and feel I can pay back my loans).

So, the question is, what bankruptcy should I do if there are no assets which can be liquidated to pay back my debtors?
Funny how many people jump down someone’s neck when they talk about bankruptcy. I guess Enron, K-Mart and others are fine, but regular humans are not? Get a life, people…


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