Bankruptcy is a legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts.
In the United States, bankruptcy is largely governed by federal law, commonly referred to as the "Bankruptcy Code" ("Code"). ... The United States Constitution ( ...
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Bankruptcy - Simple English Wikipedia, the free encyclopedia
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Bankruptcy is a legal process which happens when a person or an organization does not have enough money to pay all of its debts. Legally they are insolvent.
Bankruptcy is a form of insolvency proceeding which has a limited meaning in some countries, and a broader meaning in others.