What is bankruptcy and laws associated with it?

by **erwin** » Mon Oct 31, 2011 1:36 am

I want to know about bankruptcy. What if some body declare himself as bankrupt.

by **bothan** » Mon Oct 31, 2011 1:46 am

depending on what country you come from the laws are different. generally speaking it is a law that you declare because of the fact that you can not pay your debt.

by **lorimar** » Mon Oct 31, 2011 1:47 am

Laws too numerous to list here.

Why can't YOU use a dictionary to look up words like BANKRUPTCY?

Just type it in the YAHOO web search box on this screen.

Or go to www.wikipedia.org

by **webb** » Mon Oct 31, 2011 2:01 am

Plz follow the link below to know about bankruptcy and its law in India

http://www.insol.org/emailer/June_2009_downloads/Bankruptcy%20law%20in%20Asia.pdf

Hope it helps........

by **denys** » Mon Oct 31, 2011 2:03 am

Bankruptcy is a one of the legal status of a person or organisation. For more knowledge of legal terms, i suggest a site here with you and hope it's helpful for you to understand it.

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