Monthly Archives: May 2017
ABC: An Attractive Alternative to Bankruptcy
The owners of private, financially distressed businesses choosing among unpalatable alternatives should sometimes consider a lesser used state (not federal) statutory course: an assignment for the benefit of creditors, or ABC. General Advantages over Bankruptcy ABCs have grown in popularity … Continue reading
Posted in Steve's Blog
Tagged ABC, assignment for benefit of creditors, bankruptcy, going out of business
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