Meaning Act of Bankruptcy
What does Act of Bankruptcy mean? Here you find 2 meanings of the word Act of Bankruptcy. You can also add a definition of Act of Bankruptcy yourself
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Act of BankruptcyAn action by a debtor that can be a basis for creditors to file a bankruptcy petition against the debtor. Examples of such actions are concealing assets, defrauding creditors, favoring one creditor ov [..]
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Act of BankruptcyAct of bankruptcy refers to behavior indicating that a person might be judged as bankrupt. It is an event such as a debtor's fraudulent conveyance of property, which triggers an involuntary bankr [..]
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