|
|
| *Home>>>Business Shopping |
Can one have any shares left from his business after his bank is liquidated? This small grocery was closed.? |
There's something I don't understand, someone wrote a story that someone who was running a grocery had to close their shop and was almost bankrupt because their bank got liquidated and they could not get back their money. However a few weeks later, a friend came along and said that if the other could offer his shares in the business as collateral the friend would help out by giving him a loan and that they should become partners. Help, have I missed something? Maybe I need an education in what shares are, what bank liquidation means to a businessman, and how to pick up oneself after bankruptcy. Banks usually don't go into liquidation. Usually in developed countries you have deposit insurance where you get back some if not all of your money |
| Tags |
| Business Consulting Business Solutions Business Applications Business Shopping Business Website Business Hosting Business Software Online Business Internet Business E-Business |
| Related information |
read tips on started businesses, investing, loans and much more to help you plan ahead on this site ...The naming of your business could be one of the most important decisions you will make. A name's originality and legal availability will create a real asset value of its own, as it becomes mar... If the guy defaulted, file a case of garnishment so that his properties will be sold and the proceeds will be paid to you. ...are u venting? why are u repeatingly saying "I"m not racist" u must be if u have to repeat it yeah you're right u can hire anyone u want...and if u do have your own business d... The first key will be to show them that you actually know what you're talking about in the store. If you come across as a know-it-all, they probably don't want you in their house. You h... search NGO's in the 'sweat shop' countries. and make contact with them for information which both of you can provide each other. ...Does your scratch or scuff need the touch of a pro? Call "Professional Touch" ...Like his father, who was mystified by a scanner, George Jr. doesn't shop. Servants do that. ... |
Categories--Copyright/IP Policy--Contact Webmaster |