Tag Archive | "Balance Sheet"

What is Insolvency and How Do Businesses Deal with It?

Friday, October 26, 2012


Insolvency is a very serious situation for any business to be in. It means that it no longer has the ability to pay debts. In many places, continuing to run an insolvent business is against the law, as it can further increase financial difficulties. Having said that, if there is any reasonable way that the […]

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