State of insolvency in bankruptcy
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lewiss
Apprentice
Joined: 24 Apr 2007
Posts: 4
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 Posted: 08/05/08 - 07:39 Post subject: |
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| Hi, I have a problem and I could use your advice. The company where I have invested my money has been experienced serious problems. I think that it will face bankruptcy soon. Do you have any information about state of insolvency in bankruptcy? What can I do to make things better? |
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reinald
Apprentice
Joined: 05 Jan 2008
Posts: 3
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| Posted: 09/03/08 - 22:02 Post subject: |
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| State of insolvency is the situation where company has no funds to pay its debts to its creditors. I have to say that I do not see a solution. I cannot advise you what you can do in this situation. It is very important that you speak with a financial adviser or your lawyer. This way you will know more about your options. |
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