what is bankruptcy, when should one file for bankruptcy?

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What is bankruptcy, when should one file for bankruptcy? Bankruptcy is a legally declared inability or impairment of ability of an indivi idual or organization to pay its creditors. Creditors may file a bankruptcy peti tion against a business or corporate debtor (involuntary bankruptcy") in an effo rt to recoup a portion of what they are owed or initiate a restructuring. In the majority of cases SOLUTION Find the best solutions and providers for you at:

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Page 1: What is bankruptcy, when should one file for bankruptcy?

What is bankruptcy, when should one file for bankruptcy?

Bankruptcy is a legally declared inability or impairment of ability of an indiviidual or organization to pay its creditors. Creditors may file a bankruptcy petition against a business or corporate debtor (involuntary bankruptcy") in an effort to recoup a portion of what they are owed or initiate a restructuring. In the majority of cases

SOLUTIONFind the best solutions and providers for you at: