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bankruptcy

Bankruptcy is a legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts. In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the debtor.
Bankrupt is not the only legal status that an insolvent person may have, and the term bankruptcy is therefore not a synonym for insolvency.

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  1. J

    National  Get Rid of LaPierre and Save the NRA

    I just received this from the lawyer appointed to represent the members in the NRA bankruptcy. With all the bubbleguming about LaPierre I see on here, it's time to put your money where your mouth is. Dave Dell'Aquila has been representing us out of his own pocket, so step up and do your part to get...
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