Liquidating real estate

30-Sep-2020 06:12

Both types can be liquidated but assets such as homes and land are highly liquid.While not in a liquid state, real estate property can be used as currency for its sale.

Those are just a few of the reasons why any plan to liquidate assets must be carefully considered.During the bankruptcy process, a court-appointed trustee determines if anything can be sold to pay the debts owed.