Bankruptcy
A surrender process when an individual cannot pay their debts, and their remaining assets are distributed to their creditors.
« Back to Glossary Indexby Mike Rawson ·
A surrender process when an individual cannot pay their debts, and their remaining assets are distributed to their creditors.
« Back to Glossary Index
by Mike Rawson · Published February 3, 2015 · Last modified October 13, 2016
by Mike Rawson · Published April 9, 2018
by Mike Rawson · Published June 23, 2022 · Last modified January 11, 2023
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In theory there is no difference between theory and practice. In practice there is.

