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Well you can start by talking to the Company &/or the receivor. At the very least, you can easily bid on the assets coming up for sale. I'm trying to figure out how to say if you don't understand that, or that a C-7 dissolution is only done if the sale as a going concern is believed impossible (because there is substantially more debt than possible value) or would get less money than the assets, even at fire sale, are expected to bring, maybe you need to employ the individual legal and financial help to assist and explain specific to the circumstances options to you, without seeming too rude. You understand, that like most business deals, that any acceptable offer to the court/trustee/creditors has to be from a party able to provide documentation (financials) that they can perform?
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∙ 15y ago
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Can you force a company in receivership into bankruptcy?
Recievership is bankruptcy.
Where is the British Cotton and Wool Dyers company?
Went into receivership in 1983
What company owns the washingtonmutual website?
Washington Mutual is owned by JPMorgan after they purchased their assets back in 2008 when they where placed into receivership of the FDIC, they subsequently filed for Chapter 11 receivership
What has the author Paul Lang written?
Paul Lange has written: 'The law and practice of administrative receivership and associated remedies' -- subject(s): Bankruptcy, Receivership 'Company receivership' -- subject(s): Bankruptcy, Receivership
What is receivership?
receiver is someone appointed to whom is vested the legal right to receive property belonging to a company
How do you obtain payment from a company in receivership?
You file a "prof of claim" with the court and wait in line. Frequently you only get pennies on the dollar owed.
Is welcome in receivership?
Yes
Why can't i buy vitalert vitamins?
I believe the company that makes them has fallen victim to the economic collapse and gone out of business.
Can I buy a car from a bankrupt?
Are you asking if you can buy a car from a bankrupt company? If so, then the answer is yes. For example, you can still buy a Pontiac even though the company has gone bankrupt because they still need to sell their remaining automobiles that are left in inventory.
What is equity receivership?
"equity receivership" may be taken to include allproceedings in which a receiver is appointed by an equity court for any purpose.
What does Washington mutual do?
Washington Mutual was a savings bank holding company in the United States. Unfortunately, in September 2008 Washington Mutual was placed into receivership.
Is welcome finance in receivership?
Yes
