Clare York Group | ABCs – Assignment for Benefit of Creditors Transactions
Shared by Gregg Yorkison of Clare York Group. An Assignment for Benefit of Creditors (ABCs) transaction is an insolvency mechanism. It is often recommended for companies when a bankruptcy doesn’t make sense. Gregg Yorkison of Clare York Group Los Angeles walks us through how the process works. According to him, the company (called the assignor, […]
