bangkarota; buwal; bagsak; bahete; lubog; hapay

bangkarota; buwal; bagsak; bahete; lubog; hapay

Wherby an individual or organization is insolvent, i.e. not able to meet the dues on their loans, leading to their assets being liquidated and distributed to creditors.

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Industrie/Domein: Legal services
Category: Bankruptcy
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Gerelateerde termen

pagkaubos ng puhunan; pagkabangkarote;

Legal services; Bankruptcy

Condition of a company or person unable to pay due debts.

reorganisasyon; pagbabagong-tatag

Legal services; Bankruptcy

When an insolvent debtor reorganizes his assets, as opposed to liquidating them, and creditors have a claim on his future earnings.

opisyal ng batas; tagapamahala

Legal services; Bankruptcy

Persons authorized to deliver court documents, make arrests, remove and sell debtors' possessions and evict them from their property.

pinagkakautangan

Legal services; Bankruptcy

A person or organization which has provided a loan to a debtor, and is owed dues.

tagapanagot; pyador

Legal services; Bankruptcy

An individual who guarantees to pay lone or hire repayments of another party if that party is unable to pay.

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