Bankruptcy is a legal status of an insolvent person or an organisation, that is, one who cannot repay the debts they owe to creditors. In most jurisdictions bankruptcy is imposed by a court order, often initiated by the debtor.
Bankruptcy is not the only legal status that an insolvent person or organisation may have, and the term bankruptcy is therefore not the same as insolvency. In some countries, including the United Kingdom, bankruptcy is lim...
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Companies:
- Netter Digital ,
- JT Storage ,
- Jupiter Cantab ,
- Kendall Square Research ,
- NorthPoint Communications ,
- Otrona ,
- ATA Airlines ,
- Eastern Air Lines ,
- Air Atlanta ,
- Air Florida
Works Written About This Topic:
- The bankrupt law of America, compared with the bankrupt law of England ,
- Reasons humbly offer'd for a general insolvent bill ,
- The Fragile Middle Class: Americans in Debt ,
- Remarks on the bankrupt law ,
- Risk and failure in English industry, c.1700-1800 ,
- Considerations on an insolvent law ,
- Considerations on the establishment of a uniform system of bankrupt laws throughout the United States ,
- Court of errors, Robert M'Mennomy, appellant, and James I. Roosevelt, et al., respondents, on an appeal ,
- Gravamina mercatoris, or, The tradesman's complaint of the abuses in the execution of the statutes against bankrupts ,
- An humble proposal to cause bancrupts make better and more speedier payment of their debts to their creditors than by long experience hath been found, the statutes against bancrupts do effect, or than any other way hither to proposed hath shewen
