Home > Terms > Filipino (TL) > pagkaubos ng puhunan; pagkabangkarote;

pagkaubos ng puhunan; pagkabangkarote;

Condition of a company or person unable to pay due debts.

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reorganisasyon; pagbabagong-tatag
Legal services; Bankruptcy

When an insolvent debtor reorganizes his assets, as opposed to liquidating them, and creditors have a claim on his future earnings.

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Persons authorized to deliver court documents, make arrests, remove and sell debtors' possessions and evict them from their property.

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