Business owners who are selecting an assignee have one opportunity to evaluate candidates before handing over control of all business assets. These questions reveal whether an assignee is prepared for your specific situation.
Key Interview Questions
Ask: How many California ABCs have you administered in the past three years? What is your typical fee structure for an estate of this size? Do you have any conflicts with our major creditors? What is your approach to going-concern sales vs. liquidation? Can you provide references from recent assignors and creditors? What is your communication cadence with creditors?
The answers tell you more than the credentials. An assignee who can cite specific recent ABCs, explain their fee approach clearly, identify and disclose any conflicts, and articulate a coherent strategy for your specific estate is prepared. One who gives vague answers or deflects on fees is not. This is a fiduciary who will control all your business assets — the interview deserves rigor.
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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