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 April 29, 2015 · Last modified July 11, 2015
by Mike Rawson · Published September 23, 2016 · Last modified June 16, 2020
by Mike Rawson · Published August 2, 2017 · Last modified January 19, 2020
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In theory there is no difference between theory and practice. In practice there is.