Insolvent Estates
Автор: CPDonline
Загружено: 2021-10-08
Просмотров: 97
Описание:
Being insolvent essentially means not being able to pay your debts in the normal course, and it can include not having sufficient assets to pay your debts. However, being insolvent does not mean that you are bankrupt, that requires the debtor to take the additional legal step of making an Assignment in Bankruptcy with a Licensed Insolvency Trustee.
There are options an insolvent estate can take, rather than bankruptcy that are discussed in this session.
Credits:
0.75 (40 minutes) Substantive
Presenters:
Bruce McLennan
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