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Can minor be declared insolvent?
can minor be insolvent
You have been undercharged do you have to repay the difference?
Yes, if it can be proven via receipts, paperwork, etc., that you were sold merchandise and were undercharged you must pay the difference or return the merchandise of a refund of whatever you did pay.
what disadvantage of buying insolvent estates?
An insolvent estate is one with no value to it. The debts are greater than the assets. Therefore, it does not make sense to purchase an insolvent estate.
What sentence using word insolvent?
A bank that can not pay its account holders when they request payment is insolvent.
What is noun of insolvent?
Insolvency
Can a company be declared as insolvent under companies act 1956?
No. It can be wound up. In India, only individuals can be declared insolvent.
Is US bankrupt?
No. Nor is it insolvent.
What is an antonym fro solvent?
insolvent
Is America insolvent?
NO! A sovereign country with it's own currency cannot actually become insolvent in the way that a an individual, a household, or a corporation can.
What is a synonym for insolvent?
Broke, bankrupt, penniless
What is an insolvent estate?
An insolvent estate is a the property of a deceased individual that has more debts than assets. Often the property must be sold to cover those debts.
Who is an insolvent person?
An insolvent person is simpl someone whose liabilities far exceed their assets....they still controll the assets...like the money in a checking account
