Examples of 'declared insolvent' in a sentence
Meaning of "declared insolvent"
declared insolvent: This phrase is used to describe a legal process in which an individual or organization is formally recognized as unable to pay off their debts. It typically involves a court-ordered declaration that the entity in question does not have enough assets to cover its financial obligations
How to use "declared insolvent" in a sentence
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declared insolvent
Seven of the institutions have been declared insolvent.
He was declared insolvent.
A company can also be made bankrupt and will be declared insolvent.
A natural person can be declared insolvent as a legal entity.
Commencement of the enforcement procedure during which AB Diario de Bolsillo SL was declared insolvent.
The member is declared insolvent.
Latina was declared insolvent and excluded from the Italian football league system.
However none of the banks have been declared insolvent for now.
His estate was declared insolvent and the company went bankrupt soon afterwards.
The Bank can not be declared insolvent.
His estate was declared insolvent and John Munn and Company went bankrupt in short order.
The hope of the enemy, is declared insolvent.
His father had been declared insolvent and moved to Madras in order to escape creditors.
In the event that the concessionaire is declared insolvent or bankrupt ;.
He is declared insolvent or is declared of unsound mind ;.
See also
For compensation Abbas declared insolvent yourself.
While that process was running its course, the builder was declared insolvent.
Notesco UK is declared insolvent by the FSCS.
In the autumn, Franklin National was declared insolvent.
Verlipack, declared insolvent in January, had operated on the market for container glass.
Then, on December 3rd the company was declared insolvent.
Has been declared insolvent in Sweden or in another Nordic country ;.
Rapitala Banka, a small Latvian bank, was declared insolvent.
He was declared insolvent due to “ mishaps in trade ”.
By August 2016, eight more financial institutions had been declared insolvent.
He 's been declared insolvent.
By decision of the Tribunale Civile e Penale di Treviso of 5 October 1995, Schiavon was declared insolvent.
The firm was subsequently declared insolvent on 31December1998, makingrecovery of the sums due more uncertain.
In February 2012, the fourth insolvency occurred when Union of Canada Life Insurance was declared insolvent.
The business was declared insolvent in 2012, and the house and office spaces were closed.
In 2002 the club was relegated to Serie B and declared insolvent because of bankruptcy.
Campbell was declared insolvent on 27 July 1885 and he tendered his resignation from the parliament.
In February 2017, the club was declared insolvent and, consequently, withdrew from competitions thereafter.
The company was declared insolvent in 1982 and sold to Universal Toys.
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Examples of using Declared
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The client has declared his innocence
Declared dist for non sked fit
Imhotep himself declared your days were numbered
Examples of using Insolvent
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The pension plans of insolvent companies and
The insolvent is therefore divested of his property
He had known he was insolvent for over a year
