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Legal meaning of the terms bankruptcy, insolvency, liquidation and dissolution are contested in the Indian legal system.There is no regulation or statute legislated upon bankruptcy which denotes a condition of inability to meet a demand of a creditor as is common in many other jurisdictions."I WILL LIKE TO TELL YOU ALL THAT I HAVE COME TO WIPE AWAY THOSE TEARS THOSE ONLINE FRAUDSTER HAVE CAUSED To YOU ALL IN THE NAME THAT THEY ARE LOAN LENDERS OK.SO THOSE IN NEED OF THIS LOAN FIRM SERVICES SHOULD SEND THERE CONTACTS TO THE ABOVE EMAIL ADDRESS FOR URGENT ATTENTION, AND ALSO I WANT TO LET THOSE THAT HAVE BEEN SCAMMED BEFORE NOT TO COMPARE THIS LOAN FIRM SERVICES WITH THE PREVIOUS ONE THEY ENCOUNTERED THERE SELF WITH OK!!
Creditors may file a bankruptcy petition against a business or corporate debtor ("involuntary bankruptcy") in an effort to recoup a portion of what they are owed or initiate a restructuring.
Bankruptcy was originally planned as a remedy for creditors — not debtors.
During the reign of King Henry VIII, bankruptcy law allowed a creditor to seize all of the assets of a trader who could not pay his debts.
Services Rendered include; Refinance, Home Improvement, Investment Loan, Auto Loans, Debt Consolidation, Line of Credit, Second Mortgage, Business Loans, Personal Loans, Car Loan, Auto Loan.
AND I HAVE ALSO COME TO TELL THOSE BORROWERS THAT WILL APPLY FOR LOAN, AND THEY DO NOT PAY BACK THAT In the book Of Mark : 36 "For what shall it profit a man, if he shall gain the whole world, and lose his own soul?