A person, firm, or corporation that has been declared insolvent through a court proceeding and is relieved from the payment of all debts after the surrender of all assets to a court-appointed trustee.
Related information about bankrupt:
- Bankruptcy - Wikipedia, the free encyclopedia
The bankrupt will have to pay income contributions if his or her income is above ... If the bankrupt fails to pay the contributions due, the trustee can issue a notice ...
- bankrupt - definition of bankrupt by the Free Online Dictionary ...
Law A debtor that, upon voluntary petition or one invoked by the debtor's creditors, is judged legally insolvent. The debtor's remaining property is then ...
- Bankrupt | Define Bankrupt at Dictionary.com
Law. a person who upon his or her own petition or that of his or her creditors is adjudged insolvent by a court and whose property is administered for and divided ...
- Bankrupt Synonyms, Bankrupt Antonyms | Thesaurus.com
Synonyms for bankrupt at Thesaurus.com with free online thesaurus, antonyms, and definitions. Dictionary and Word of the Day.
- Bankrupt - Merriam-Webster Online
a : a person who has done any of the acts that by law entitle creditors to have his or her estate administered for their benefit. b : a person judicially declared ...
- Resources for Restructuring Professionals | Bankrupt.com
Publisher of Turnarounds & Workouts, Troubled Company Reporter, and Troubled Company Prospector, and host of the Annual Distressed Investing ...
- Exclusive: Calpers triggers legal fight with bankrupt San Bernardino ...
1 day ago ... LOS ANGELES (Reuters) - America's biggest public pension moved aggressively against the bankrupt city of San Bernardino, California, on ...
- bankrupt - Wiktionary
[edit] Adjective. bankrupt (comparative more bankrupt, superlative most bankrupt) . having been legally declared insolvent.