Web Results

Insolvency - Wikipedia


Insolvency is the state of being unable to pay the money owed, by a person or company, on ... for bankruptcy, which is a determination of insolvency made by a court of law with resulting legal order...

Insolvency legal definition of insolvency


Insolvency. An incapacity to pay debts upon the date when they become due in the ordinary course of business; the condition of an individual whose property ...

What does Insolvency mean? - Insolvency - Law Plain and Simple


Jan 25, 2013 ... You are here: HomeLegal GuidesInsolvencyWhat does Insolvency ... Your company will be considered to be insolvent under English law if it is ...

Insolvency Law & Legal Definition


Insolvency is the condition of having more debts than available assets which might be used to pay them, even if the assets were mortgaged or sold. It is the ...

Understanding Insolvency - R3


Insolvency is legally defined as follows: A company is insolvent (unable to pay its debts) if it either does not have enough assets to cover its debts (ie value of ...

What Is the Difference Between Insolvent & Bankrupt? - Legal Info


The terms "insolvent" and "bankrupt" are used informally to mean an uncomfortable lack of assets and monetary resources. In legal terms, however, these words ...

Technical insolvency - - Moneyterms: investment, finance and ...


If a company (or person) is technically insolvent that merely means that it has a ... Legally, technical insolvency in itself presents no problems (in the UK).

Partnership Insolvency - Out-Law.com


Under the Order, partnerships can be treated as legal entities in their own right for insolvency purposes. Importantly, the Order has extended procedures relating  ...

Corporate insolvency: the basics - Out-Law.com


A company is considered to be insolvent under English law if it is unable to pay ... of agreement between a company and its creditors which is legally regulated.

What is insolvency? definition and meaning - BusinessDictionary.com


Definition of insolvency: In legal terminology, the situation where the liabilities of a person or firm exceed its assets. In practice, however, insolvency is the ...

More Info

Insolvency Law - HG.org


Insolvency is the legal term describing the situation of a debtor who is unable to pay his, her, or its debts. There are two primary types of insolvency: cash flow ...

Definition Insolvency vs Bankruptcy - Bankruptcy24.co.za


Although both insolvency and bankruptcy deal with liabilities exceeding assets, insolvency refers to a financial state and bankruptcy to a distinct legal concept, ...

Insolvent Definition - Duhaime.org


The legal definition of Insolvent is A person not able to pay his or her debts as they become due.