MetaGlossary.com: Insolvency

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Keywords: Inability, Unable, Bankrupt, Solvency, Receivership

Related Terms: Chapter 13, Receivership, Liability, Debtor In Possession, Creditor, Bankruptcy, Bankrupt, Debtor, Discharge, Floating Charge, Garnishment, Insolvent, Set-Off, Liabilities, No Asset Case, Non-Dischargeable Debt, Preference, Preferred Creditor, Chapter 7 Bankruptcy, Chapter 11 Bankruptcy, Chapter 13 Bankruptcy, Reaffirmation Agreement, Debtors, Subordinated Debt, Liquidation, Creditors, Unsecured Creditor, Chapter 11, Charging Order, Discharge Of Bankruptcy, Dischargeable Debt, Chapter 7, Exemption, Reaffirm, Schedules, Secured Creditor, Bankruptcy Discharge, Administrative Receiver, Preferential Creditor, Individual Voluntary Arrangement, Debt Agreement, Company Voluntary Arrangement, Garnish, Fixed Charge, Consumer Proposal, Preferential Transfer, Proposal, Reaffirmation, Statutory Demand, Adequate Protection

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Incapacity - for a debtor to repay debts to a creditor helping people declaring bankruptcy

Bishop, 8/20/10

The condition of being insolvent; the state or condition of a person who is insolvent; the condition of one who is unable to pay his debts as they fall due, or in the usual course of trade and business; as, a merchant's insolvency.

ftp://ftp.uga.edu/pub/misc/webster/

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Insufficiency to discharge all debts of the owner; as, the insolvency of an estate.

ftp://ftp.uga.edu/pub/misc/webster/

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The inability of a business to meet its liabilities.

http://www.financial-planning.uk.com/glossary/I.htm

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