Sentences with phrase «more debts than assets»

So many mortgages, so many assets and so many banks themselves have negative equity — that is, they owe more debt than their assets are worth — that there is no point in buying assets right now.

If you have way more debt than assets, and creditors are hounding you day and night, it may be time to declare bankruptcy.

Plan carefully or else, you'll gain more debts than assets.

Instead, the company's online «hot wallet» was cleaned out, leaving Mt. Gox insolvent and with more debt than assets.

If you're in the negative — because you have more debt than assets — goal number one is to get to $ 0, then to build a positive net worth.

And if she is insolvent (she has more debts than assets) when the debt was settled or forgiven, she may qualify for an exception to paying tax on the settled or written off amount.

You would have negative equity, which means you have more debts than assets.

Or at least that it doesn't have more debts than its asset.

However, if your business has more debts than assets, you may not be able to find a buyer.

Cet article est disponible uniquement dans sa langue originale: anglais What should an estate trustee do if the estate has more debts than assets?

In the event that the estate is insolvent (i.e. has more debts than assets) then their reimbursement will be less than their costs.