Methods and standards / Concept Glossary / Bankruptcy proceedings

Concept selected: Bankruptcy proceedings

Definition

This is the situation dictated by a judge, and at which a company arrives when it is unable to pay its debts, whether temporarily or irreversibly. In these proceedings, the objective is to satisfy the company debts to the creditors thereof, in an orderly and fair way.

Source

Surveys Mercantile Companies and Bankruptcy Proceedings

Topic

Statistical operations

(links to the Inventory of Statistical Operations)

Concepts associated



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