Bankruptcy: Difference between revisions
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imported>Doug Williamson (Add link.) |
imported>Doug Williamson (Add links.) |
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== See also == | == See also == | ||
* [[Administration]] | * [[Administration]] | ||
* [[Bankruptcy Act]] | |||
* [[Bankruptcy Code]] | * [[Bankruptcy Code]] | ||
* [[Bankruptcy costs]] | |||
* [[Bankruptcy risk]] | |||
* [[Examinership]] | * [[Examinership]] | ||
* [[Going concern]] | * [[Going concern]] | ||
Revision as of 08:44, 4 May 2022
Insolvency law.
Bankruptcy is a formal declaration of insolvency by a court.
Bankruptcy can apply to businesses and to individuals.
It provides a degree of protection for the debtor against its creditors, while also involving a loss of control by the debtor.
