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Articles By natalie fair

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Causes Of Business Insolvency   By: natalie fair
Business insolvency is defined as a state or a condition of a company wherein it has an insufficient financial resources to pay off its dues on time. Business can face insolvency because of various reasons. Some of these reasons are internal to business whereas some are external factors. Internal factors are within a control of a business while external factors are out of the scope of its control.(read entire article)
View : 286 Times
Category : Business

Declaring Personal Insolvency   By: natalie fair
Personal insolvency is an inability of an individual to pay of his/ her debt on time. In legal terms it is called as bankruptcy. When you are unable to pay off you debts and can not negotiate with your creditors for a alternative plan, declaring personal insolvency might be the best choice.(read entire article)
View : 303 Times
Category : Debt

Filing Business Or Personal Insolvency   By: natalie fair
The act of not being able to clear your debts before the due date can be generalised as Insolvency. This definition is used widely with respect to businesses. There are two types of Business insolvency namely, Cash Flow Insolvency and Balance Sheet Insolvency.(read entire article)
View : 211 Times
Category : Business

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