In this paper we consider special considerations when buying and selling assets of companies experiencing financial distress. Often, debtors in bankruptcy sell assets.In some cases, the debtor has to go out of business and sell everything to pay its creditors. Strategic buyers generally have an advantage over financial buyers. A number of private equity funds focus exclusively on buying distressed businesses, fixing, and selling them. Browse 87 NY Business Assets for sale on BizBuySell. Find currently operating NY businesses for sale from restaurants to service businesses.