This form is an Asset Purchase Agreement. The seller agrees to sell to the buyer certain assets which are listed in the agreement. The form also provides that the buyer will not be responsible for any unfilled orders from the customers of the seller.
Asset Purchase For Credit In Illinois
Category:
State:
Multi-State
Control #:
US-00419
Format:
Word;
Rich Text
Instant download
Description
Free preview
Form popularity
More info
Generally, the basis will be the purchase price of the property, plus any capital expenditures, minus any rebates and IRC Section 179 expense. Asset purchase agreements can be a useful way to create a new business while leaving unwanted resources and potential issues with the seller.Griffin Funding's asset-based lending in Illinois makes it easy for borrowers of all types to purchase a home. All Illinois Courts must accept these forms. Scroll down below the chart for important information on how to fill out these forms. Understand what types of money and personal property can be protected from debt collectors and how creditors access wages and bank accounts.