In order to answer the question of legality, as well as to confirm or disconfirm the hypothesis that sovereign state can declare bankruptcy, descriptive, analytical and comparative methods are used. The article
Credit card debt can be a significant financial challenge when the weight makes it impossible to keep up with your payments. If you're suffering from unmanageable credit card debt, you may consider bankruptcy, which can offer a fresh financial start by discharging or reorganizing credit card debt...
As you may have guessed, the answer is a little more complicated than it may seem at first. In theory, bankruptcy laws allow you to get a second debt discharge after a certain period of time has passed, depending on your specific situation of course and how you managed it the first time...
sometimes more than once. Corporate officers generally remain in control of their bankrupt companies. On the other hand, countries like Greece can’t declare bankruptcy, although this has been proposed. Homeowners can’t use bankruptcy to deal with their...
debts more manageable, such as reducing the interest rates, canceling some portion of the debt, or giving you longer to repay. Debt relief often works to the creditor’s advantage as well, as they are likely to get more money out of the arrangement than if you were to declare bankruptcy....
There is no doubt that making the decision to declare Chapter 7 bankruptcy is extremely difficult. The decision will affect your future, your credit, your self-image, and your reputation for a significant length of time. On the other hand, your quality of life can improve in the short term...
On the part of consumers, once they find an enterprise’s involvement in ESG decoupling, they are confused, which triggers green trust crises (Chen and Chang 2013). On the part of enterprises, ESG decoupling causes customer dissatisfaction and dampens the consumers’ intent to buy, which ...
have a lot to do with a company's fundamentals and growth outlook. As long as these are favorable and positive, a stock's price tends to rise. If, however, a company can no longer operate profitably, there is a chance that it will be forced out of business and declare bankruptcy.3 ...
And in the world of lending it’s a lot more personal, if you will, that by which if it doesn’t work, what are you going to do about it? It’s the I have to declare personal bankruptcy, and I still owe you money. And the only answer, of course, is go deal with that. ...
Laggards are edging closer to bankruptcy. There are strong signs that we will see more bankruptcies in 2020. More banks will be allowed to fail beyond the four shuttered so far in 2019. The PBOC declared in its 2019 Financial Stability Report that it had closed 1000 P2P lenders in 2019 ...