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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 ...

Insolvent legal definition of insolvent


Definition of insolvent in the Legal Dictionary - by Free online English dictionary and encyclopedia. What is insolvent? Meaning of insolvent as a legal term.

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 ...

Insolvent Definition - Duhaime.org


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

Insolvency Law and Legal Definition | USLegal, Inc.


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 ...

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


Jan 25, 2013 ... Your company will be considered to be insolvent under English law if it is ... This procedure and agreement will be legally regulated and should ...

What is the difference between INSOLVENCY & BANKRUPTCY ...


To put in simple words, both are synonymous and reflect inability of a legal entity to pay off its debts. Although, a declared insolvent can be called as a Bankrupt.

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).

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 ...