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Debt Relief – Insolvency – Bankruptcy Information » Insolvency » what’s the difference between bankruptcy and insolvency?

what’s the difference between bankruptcy and insolvency?

are they just the same?


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One Response to "what’s the difference between bankruptcy and insolvency?"

  1. capwest5a says:
    Insolvent means an entity can’t pay their bills, bankruptcy means that the entity admits to that fact in court.

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