insolvence - An Overview

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Be sure to report examples to generally be edited or not to be shown. Rude or colloquial translations usually are marked in crimson or orange. No effects identified for this meaning. Recommend an case in point

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transfere estabelecimento a terceiro, credor ou não, sem o consentimento de todos os credores e sem ficar com bens suficientes para solver seu passivo;

The Konkurs uses a bigger and lengthier 9M113 missile which is extra potent and it has twice the array of the more compact 9M111. The French Sizzling and US TOW missiles Possess a approximately similar overall performance as the Konkurs.

Insolvency can result in insolvency proceedings, wherein authorized action will likely be taken from the insolvent human being or entity, and property can be liquidated to repay excellent debts.

Buying and selling insolvently is usually considered normal small business apply in South Africa, so long as the enterprise is ready to fulfill its credit card debt obligations after they fall because of. Switzerland[edit]

In analyzing regardless of whether a present or even a payment to the creditor is undoubtedly an unlawful choice, the day on the insolvency, rather then the date in the lawfully declared individual bankruptcy, will usually be the primary thought. See also[edit]

Money-movement insolvency can ordinarily be resolved by negotiation. As an example, the Invoice collector may well wait right until the car is offered along with the debtor agrees to pay for a penalty.

This dictionary definitions site involves each of the feasible meanings, instance usage click here and translations of your phrase konkurs.

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Business owners may well contact creditors specifically and restructure debts into far more manageable installments. Creditors are typically amenable to this method given that they wish to be repaid and prevent losses, even though the repayment is over a delayed program.