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A company is bankrupt when it is insolvent.it cannot settle its indebtedness.
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∙ 12y ago
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Can you work after you declare bankruptcy?
Yes, you are not required to be unemployed to declare bankruptcy.
Did Lucent Technologies ever declare Chapter 11 bankruptcy?
no, they merged with a french company alcatel.
Did the US declare bankruptcy?
No
How do I decide how to declare bankruptcy?
That's easy because there are many programs out designed for this called debt counseling. You can also go directly to a bankruptcy company and get help directly.
Is it possible to just declare bankruptcy on credit cards?
You can declare bankruptcy due to credit card debts, yes.
When is it necessary to declare bankruptcy?
It is necessary to declare bankruptcy when a person cannot afford to continue paying for bills and other things they need. A person may declare bankruptcy if their business is not making any money.
How long after the first bankruptcy you can declare a second bankruptcy?
It takes seven to ten years after you initially declare bankruptcy for it to drop off your credit report, and you really should wait at least 1-2 years after that to declare again I hope that helped.
Who should be aloud to declare bankruptcy?
he goverment
When did the United States declare bankruptcy?
In 1933
Can an elected official declare bankruptcy?
Yes
Did Iceland declare bankruptcy?
wanna do city
When was the Bankcard company declared bankrupt?
Bankcard company need to carefully manage their budget as do all companies really. Overspending or not earning enough can cause companies to declare bankruptcy. Even famous companies like THQ declared bankruptcy in 2012.
