Burt and Associates

JANUARY 17, 2025

Building Stakeholder Confidence Investors, lenders, and creditors often consider the acid test ratio when evaluating a company. Sell Non-Essential Assets: Liquidate surplus or underutilized assets to generate immediate cash flow. This metric serves as an early warning system for potential financial distress.

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Taurus Collect

MARCH 5, 2024

Legal Consequences: Besides the standard legal actions that can be taken against individuals, businesses might face additional legal ramifications that can escalate to the level of business asset liquidation or bankruptcy. Preventative Measures The best way to handle debt collectors is to never have to deal with them at all.

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Debt Free Colorado

DECEMBER 23, 2024

Unsecured debt is money you owe not tied to any specific asset. This means the lender can take no property, like a house or car if you do not pay. Instead, lenders rely on your promise to pay back the money. A required meeting happens about 30 days after filing, where you answer questions about your finances under oath.

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