Bankruptcy and Ratings: Difference between pages

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imported>Doug Williamson
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''Insolvency law''.
A system of assessing and communicating credit quality for specific debt issues. The process is undertaken by rating agencies.
 
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.  




== See also ==
== See also ==
* [[Administration]]
* [[Credit rating]]
* [[Bankruptcy Act]]
* [[Rating agencies]]
* [[Bankruptcy Code]]
* [[Bankruptcy risk]]
* [[Chapter 11]]
* [[Cost of financial distress]]  = bankruptcy costs
* [[Examinership]]
* [[Going concern]]
* [[Individual Voluntary Arrangement]]
* [[Insolvency]]
* [[Liquidation]]
* [[Receivership]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Treasury_operations_infrastructure]]
[[Category:Compliance_and_audit]]

Revision as of 08:51, 9 October 2013

A system of assessing and communicating credit quality for specific debt issues. The process is undertaken by rating agencies.


See also