What is bankruptcy? Bankruptcy is a continuing wherever a judge and court-appointed trustee analyze the property and liabilities of people, partnerships and businesses who’ve concluded they're able to’t pay out their debts. The term “trustee” is usually perceived negatively as it is commonly linked to bankruptcy and the thought of shedding belongings. https://licensed-insolvency-trust38047.ourcodeblog.com/27921133/detailed-notes-on-voluntary-liquidation-process