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7.1 Joint Settlement of Claims: The Law Has Come Into Effect
... company limited by guarantee and obtained its own bank account held in aib bank, po box no 71, 66 south mall, cork, ... company or individual) and non-traders (individuals consumers). traders may be declared bankrupt by the court. a formal bankruptcy procedure will apply, ... describe the formal legal process in which an individual is declared formally insolvent by a court. apparent insolvency' is the main ...
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zusammenfassung-u1-u4.qxp
... no longer payable. if the debtor does not perform his obligations, s he is usually declared officially bankrupt. the main differences between the two regulations are that in the statutory process ... overindebtedness phenomenon in belgium the central office for credits to private individuals of the national bank ok belgium is an instrument used to curb the excessive indeb- tedness of private ...
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