Bankruptcy is defined as a legal status of a person or other entity, that cannot repay the debts it owes to creditors. In most jurisdictions in the United States, bankruptcy is imposed by a court order, often initiated by the…
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Bankruptcy is defined as a legal status of a person or other entity, that cannot repay the debts it owes to creditors. In most jurisdictions in the United States, bankruptcy is imposed by a court order, often initiated by the…