The decision to make an ABC requires honest assessment of the business’s position. Not every insolvent business is an ABC candidate — and choosing the wrong path wastes time and money.
The Right Profile
ABCs work best when: the business has assets that justify the cost of administration, the business owner wants to wind down professionally, the creditor base is manageable, and the owner understands that the ABC resolves the business but not personally guaranteed debts. The wrong profile: a business with no assets, a secured creditor who has already accelerated, or an owner hoping the ABC will eliminate personal guarantees.
The best starting point is an honest assessment. Business owners who arrive at the ABC decision after realistic analysis — not wishful thinking — make better choices. A 30-minute evaluation that covers assets, liabilities, personal guarantees, and timeline is worth more than a year of denial. The California ABC System provides the framework for exactly that analysis. Request your evaluation here.
The California ABC System gives business owners and creditors the exact tools, templates, and step-by-step guidance to navigate an Assignment for Benefit of Creditors — faster and cheaper than bankruptcy. Request your free evaluation here.
California ABC System — Assignment for Benefit of Creditors 
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