An Assignment for the Benefit of Creditors, Explained in Plain English

When a small business is done, bankruptcy isn’t the only door. An ABC — assignment for the benefit of creditors — is faster, quieter, cheaper, and kee…

When a small business is done, bankruptcy isn’t the only door. An ABC — assignment for the benefit of creditors — is faster, quieter, cheaper, and keeps you out of federal court. California has one of the most developed ABC practices in the country.

Lenders know about it. Business owners mostly don’t.

Don’t pay a lawyer to find out what your rights are. Go to JusticePrompt.com and see the ABC kit and get the free kit. No credit card. No upsell. Just the documents and the law.

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Author: timothymccandless

I have spent most of my professional life helping people who were being taken advantage of by systems they did not fully understand.

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