Bankrate on MSN

What assets can creditors take away in a bankruptcy?

In a Chapter 7 bankruptcy, creditors may seize assets to repay your debt. However, these assets are subject to federal and state bankruptcy exemptions, so there are limits and restrictions on the ...

Avoiding the Bankruptcy Claw: How Healthy Businesses Can Protect Themselves From Preference Claims

Even solvent companies can find themselves in bankruptcy court and forced to return payments when a customer or vendor goes ...
Forbes

Can An LLC Interest Owned By A Debtor Be Sold By The Bankruptcy Trustee?

When individual debtor Larry Addington filed for bankruptcy, he owned a 36% membership interest in a limited liability company called Ultra Energy Resources, LLC (Ultra). In turn, Ultra owned a 100% ...