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what does it mean to use insolvency in court?


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2 Responses to "what does it mean to use insolvency in court?"

  1. Suzy says:
    You’re insolvent it means your liabilities are greater than your assets. In other words, if you sold all of your worldly goods, you still couldn’t pay off your debts.
  2. onedot.darling says:
    You are totally broke …no funds to pay bills. No property to sell to get money. Down and out!!

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