IN
Upload
You're viewing YouTube in English (US).
Switch to another language: | | | | | | | | | | View all
You're viewing YouTube in English.
Switch to another language: | | | | | | | | | | View all

Chapter 7:Bankruptcy Liquidation

by Khan Academy • 123,029 views

Introduction to bankruptcy liquidation (Chapter 7) More free lessons at: http://www.khanacademy.org/video?v=-oW4M3vpuRM

Report spam or abuse
Is "the next video" the chapter 11? not chapter 8?
Report spam or abuse
Johana Stone Shared on Google+ · 8 months ago
Report spam or abuse
Report spam or abuse
USA Lawyer Shared on Google+ · 8 months ago
Report spam or abuse
the first who get they're money are priority debts over secured?
Report spam or abuse
i wonder if someone can take out a secured loan  using a priority debt like child support  collateral? but if there's no item like a car or a property  that has real value but a priority debt, can it even be secured? this is fascinating!!!!
Report spam or abuse
We must get this information out to the general public. Everyday, we have people calling that have bad information on the process. Thank you.
Report spam or abuse
so are you saying that buying bonds from a seniority liability creditor would be a better investment than equity stocks? that is what it seems like to me. Please answer. Thank you 
Report spam or abuse
Many cool tips about Chapter 7 Bankruptcy! Thanks for sharing!
Report spam or abuse
er 5mil - 1mil - 2mil = 2 mil...so the subordinated should get all their money back?
Report spam or abuse
math is wrong at the end. you actually have enough to pay the subordinate unsecured in your example.
Report spam or abuse
Well layed out and thanks for going to this effort. I think it was worth mentioning that many people over value their assets as you pointed out and don't realize the danger that can present down the track.
Report spam or abuse
Have you ever taken an accounting class? The dollar sign only has one line through it. $
Report spam or abuse
i saw that movie on youtube! pretty deep huh? check out the article below. "Shell Consortium Wins Contract on Iraq's Majnoon Oil Field" on the wall street journal If we go into Venezuela next, then I believe that movie in its entirety.
Report spam or abuse
This explained ch 7 bankruptcy very well
Report spam or abuse
No, the stock/equity can only go to zero. It cannot be negative. If I own a share of GM, the worse thing that can happen is that it becomes worthless. I wouldn't ever "owe" money to GM's unsecured creditors.
Report spam or abuse
Great video and info, thanks ! If you're going out of business and need to sell the overstocks, google up ' The Biggest Clearance '. Good starting point.
Report spam or abuse
thats perfect. when you do penny stock trading get good suggestions from professionals is the wise idea. just listen for now, I heard that there is a well-known professionals team attracting lots of people who want to commence investing in stocks. have a try and make the most of them :) >> bit.ly/14RVRg4?=ylsero
Report spam or abuse
yeah. alright. penny stocks trading needs good patience and advice from experienced professionals. its not a joke, I heard that there is a well-known professionals team attracting lots of people who want to commence investing in stocks. i found it here ==> bit.ly/15wIELv?=kismrk
Report spam or abuse
Report spam or abuse
Report spam or abuse
what you explain in the second half of the video is that an Collateralize Debt Obligation? is bank debt traded like bonds?
Report spam or abuse
@masakmerah Because it wasn't you that borrowed the money, it was the company that you have shares in. Therefore their obligations aren't yours, so you won't have to take on the company's liabilities.
Report spam or abuse
Report spam or abuse
Thanks for the useful video. I just want to point out one thing. In theory, what you said is true, but in reality, it is a difficulty of enforcing legal rights of lien holder and there is a problem with delays even when the legal rights were to be obtained. In practice, the people with senior debt may find it difficult to take over the promised assets if the assets have fair value in excess of their claims because junior debt holders may have interest as well as others at the bottom of the
Report spam or abuse
amazing , you just made me understand something that my professor could not :) thanks
Report spam or abuse
Thank you for these videos - very informative for the intelligent novice.
Report spam or abuse
Report spam or abuse
Many of You, in my humble but accurate opinion, would benefit from learning about how the "Federal Reserve" system and banking business work. The movie that describes it, in the most coherent way is Zeitgeist: Addendum. Its right in the beginning of the movie, so You don't need to watch the whole 2hours. It explains how "Modern Money Mechanics" work with the FED. "Money" literally is being created out of DEBT. Since 1913, US currency is not exchangeable by gold at banks for a reason. Watch it!
Report spam or abuse
One doubt.. In case of bankruptcy liquidation, does the company payback the principal as well interest to the debt holder?
Report spam or abuse
what does enlightenment have to do with understanding the uniform commercial code in America? debunk it? debunk what? debunk every conspiracy theory that is expressed and implied in the movie or debunk your statement that money is being created out of debt? that statement isn't even close to being articulated enough to debate.
Report spam or abuse
bonds holders are basically debt investors and share holders are partial owners
Report spam or abuse
Report spam or abuse
$199.00 Chapter 7 in Las Vegas and California. 702-817-8335. Retired Federal Bankruptcy Manager. Visit my website at Bankruptcy Document Pros. I can prepare a Bankruptcy anywhere in any district or division based on the fact that I was a manager at the bk court and know all procedures pertaining to filing a case.
Report spam or abuse
just a minor point khan, but your math towards the end of the video doesn't work out. Company is selling $5 million in Assets and ends up giving $4 million to debtors
Report spam or abuse
you should make your opinions more humble because they're not entirely accurate and not at all precise. Oh and maybe, just for credibility's sake, you shouldn't cite pop-propaganda/ conspiracy theory videos to support your point.
Report spam or abuse
Report spam or abuse
Sal, if the assets were only 5 mil, and there only enough for Subordinate to get 1 mil back (instead of 2 mil)......doesnt the equity holders owes the Subordinates the difference (1 mil)? dont they have to pay?
Report spam or abuse
if you file for bankruptcy it's not the end..I am in process of recovering or my husband is..please visit my blog
Report spam or abuse
Search "Chapter 7 Bankruptcy" on Krustbox (dot) com.
Report spam or abuse
get a chapter 7 or divorce and more american freedom legal forms.com
Report spam or abuse
Please, enlightened one. Debunk it. Words straight from the horses mouth. Read Modern Money Mechanics. Read "The Creature from Jekyll Island : A Second Look at the Federal Reserve". Case Closed. ∞Hare Krishna, Hare Krsna, Hare Krsta, Hare Christ∞
Report spam or abuse
This video is pretty interesting, does that make me a nerd? We might be able to work together. I help people who have file bankruptcies get a cash settlement
Report spam or abuse
For Bankruptcy Information in the greater Fort Worth Texas area cal ALICE BOWER, ATTORNEY AT LAW 817-737-5436 or vistit our website at AliceBower.comand watch her videos.
Report spam or abuse
he is talking specifically about chapter 7, bankruptcy liquidation. Where, the owners just decide that they do not want to run the company anymore, for whatever reason, that is when they file for Chap 7, bankruptcy liquidation. See this video once again, you'll get your answer.
Report spam or abuse
to add this to Watch Later

Add to

Loading playlists...