the only reason a state would sell state owned assets is if there is no possibility of a better return or an external market force is causing the state to sell to its own chagrin.
the encomy in jersery is very bad because people house got owned by the bank and they have to pay alot of taxes and they have to sell there car
Insurance companies are regulated by the state and federal government. To sell insurance you have to pass a test. Much of the insurance companies today are folded into the banking system and owned by banks. This is not a bad idea, but something that is not possible to do the way it is set up now.
For example if you have an illiquid bond, you can't sell it for a price that it is worth on active market, because there are not many exchanges (sells or buys) - nobody wants to have it or to sell it. Illiquidity is the name of the state of this bond. What are assets? Asset is something which can be valued, named, sometimes named the issuer. For example bonds, commercial papers, loans but also cash at bank, properties. Assets are generally things that can make you get much money than you have now but you can also get lost some because of e.g. bad change of exchange rates. Check "balance sheet" in google :)
Bad debt
On the Asset side after Current Assets & Fixed Assets. It forms part of OTHER NON - CURRENT ASSETS as,Intangible Assets (patents, good will, preliminary Expenses, bad / doubtful debts not provided for, etc.
He was a bad choice because he owned slaves.
No, it is not. It just means owned
Ownership of monkeys in the state of New York is not currently legal. Monkeys grandfathered in (owned prior to the enforcement of the law) are required to be registered with the state.
Sure, as long as your credit is good and you make enough/have enough assets to qualify for the mortgage. Again, the legalities that apply in one state, may not apply in another state. It will be wise to check it out first.
All you have to do is provide documentation that you, as a married couple owned those cars and that he sold them. They are still marital assets and your attorney will help you get your share of the value for them even if they are long gone. The fact that he sold joint assets after filing for divorce makes him look very bad. Make yourself a list of everything you guys own and any dollar value, when purchased, etc. Also get a balance on accts. such as checking, savings, investments. Know what you have so you can get your share of everything when you go to court. He will not get away with liquidating in this case. You do have an attorney, don't you? If not, you need to get one immediately. If you need to sell something of his to come up with the attorney retainer, do it!
The state of Virginia has a lemon law which is called the Motor Vehicle Warranty Enforcement Act. It covers shoddy vehicles, bad warranties in owned as well as leased cars. It's one of the strongest lemon laws in the country.
Banks and financial institutions in the US are stuck with a lot of bad debt (Illiquid assets that cant be sold in the open market) This bailout intends on buying such assets from these distressed financial institutions to infuse liquidity into the economy. This money is expected to bring in the much needed cash into the economic system which would revive the economy. Once the economy becomes stable, the government would sell these assets and take back their 700 billion dollars.