Are ABCs as Easy as 123?

You need to understand what is involved if your client pursues an assignment for the benefit of creditors (ABC) instead of a bankruptcy filing. Check out the extensive Practical Guidance resources on ABCs.

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Related Content

• Assignments for the Benefit of Creditors Checklist
  Use this checklist when representing assignors and assignees in determining the necessary actions prior to an ABC, drafting the ABC agreement, and navigating an ABC proceeding.

• Assignment for the Benefit of Creditors (DE)
  Read this Q&A on the requirements for filing an ABC in Delaware.

• Assignment for the Benefit of Creditors (NY)
  Read this Q&A on the requirements for filing an ABC in New York.

• Assignment for the Benefit of Creditors (CA)
  Read this Q&A on the requirements for filing an ABC in California.

• Assignment for the Benefit of Creditors (VA)
  Read this Q&A on the requirements for filing an ABC in Virginia.

• General Assignment for Benefit of Creditors
  Use this general assignment for the benefit of creditors form when proceeding with an ABC.

• Knowing Your ABC’S: Practical Alternatives to a Business Bankruptcy Filing Checklist
  Review this checklist when representing debtors, creditors, or other parties-in-interest considering alternatives to bankruptcy.

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