IntLawEnglish(tm) - Intensive International Legal English Courses
eMail queries to - anthony@teachlegalenglish.com |
Intensive International Legal English Courses - ILEC also IELTS |
Debtors and Creditors Issues at teachlegalenglishFor certain debts the creditors may be able to take security over the assets of the debtor at the time the debt is entered into, these are secured creditors, those who do not have a secured interest are unsecured debtors. These creditors are treated very differently if and when the debtor becomes insolvent or enters bankrupt. What are the rights and obligations of debtors and creditors? Can a debtor protect his/its assets. What are the legal procedures, issues and outcomes of insolvency for individuals and businesses. How can a company avoid liquidation? How can a lawyer help? How is insolvency handled (legislated) in different English speaking countries? What happens when a debtor has assets, businesses and creditors in different countries and is insolvent? |
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