Phrases with «insolvency procedures»

The phrase "insolvency procedures" refers to the formal steps taken when a person or a company is unable to pay their debts. These procedures help to manage the financial situation and ensure fair treatment of all creditors. It often involves assessing the assets and liabilities, negotiating with creditors, and possibly liquidating assets to pay off debts. Full definition

procedure (parent phrase)
insolvency (parent phrase)

insolvency procedures

Sentences with «insolvency procedures»

As you are aware, this is a formal insolvency procedure which places a 12 month moratorium on qualifying debts scheduled within the order. (nationaldebtline.org)
In your opinion, what is the most difficult aspect of insolvency procedures, and how do you overcome this? (lawyer-monthly.com)
The personal insolvency procedures that apply to a person, not a company, are bankruptcy and personal insolvency agreements. (asic.gov.au)
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Phrases with «insolvency procedures»

Sentences with «insolvency procedures»

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