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Bankruptcy

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Bankruptcy Empty Bankruptcy

Post  fearlove Thu Nov 10, 2011 6:13 pm

Bankruptcy or insolvency is a legal status of a person or an organisation that cannot repay the debts owed to creditors. In the majority of cases, bankruptcy is initiated by the debtor . An involuntary bankruptcy petition can not be filed against an individual debtor who is not engaged in business.

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Join date : 2011-04-22

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