Pages • 1
Essay Preview: Mr Report this essay Laws Governing Bankruptcy Bankruptcy is regulated by federal laws, which provide for an orderly adjustment when a person or business becomes insolvent. When one has more debts than assets and has no means of meeting debt payment, he may de¬clare bankruptcy. The interests of both creditors and debtor are.
Related Essay Topics:
Federal LawsFirst Bankruptcy ActMeans Of Meeting Debt PaymentSubject Of Bankruptcies