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Use a Non-Recourse Bill of Sale


   

The professionals you've hired should take care of the paperwork required to transfer title to your assets. Nevertheless, double-check to make certain that each bill of sale states that the item was sold "As is, Where is."

You are probably looking forward to retirement or starting a new business. Why risk entanglement in long, drawn out disputes over implied warranties of merchantability or fitness?

 

Asset Liquidation: Introduction
Talk to your lawyer and accountant.
Scrutinize your assets.
Secure your merchandise.
Establish the liquidation value of your assets.
Make certain that a sale is worthwhile.
Choose the best type of sale for your merchandise.
Select the best time for your sale.
Arrange to hold your sale at the most appropriate location.
Hire an expert to conduct your sale.
Use a non-recourse bill of sale.

 

 

 

 

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