Liquidating services

If that does not cover the debt, they will recoup the balance from the company’s remaining liquid assets, if any. These include bondholders, the government (if it is owed taxes) and employees (if they are owed unpaid wages or other obligations).Finally, shareholders receive any remaining assets, in the unlikely event that there are any.In the simplest terms, this means selling the position for cash; another approach is to take an equal but opposite position in the same security – for example, by shorting the same number of shares that make up a long position in a stock.

Our services are requested by banks, attorneys, probate courts, realtors, businesses and individuals.The most senior claims belong to secured creditors who have collateral on loans to the business.These lenders will seize the collateral and sell it – often at a significant discount, due to the short time frames involved.In such cases, investors in preferred stock have priority over holders of common stock.Liquidation can also refer to the process of selling off inventory, usually at steep discounts.We also send out an ever growing newsletter via e-mail to over 9,000 buyers wanting to stay informed of every sale.We provide services for all major credit cards, check guarantees, and the collecting and paying of all city sales tax.If someone wants to buy the estate they’re not in the liquidation business – they’re in the buying business.Don’t hesitate to check with the Better Business Bureau and see how companies are rated.We have two fair-market value appraisers that appraise and tag all merchandise.Advertising is done in newspapers according to the area and types of merchandise as well as on estate sale websites.

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