Home > Term: debt enforcement by bankruptcy proceedings
debt enforcement by bankruptcy proceedings
Debt enforcement which seeks to sell all the assets of the debtor. Debt enforcement by bankruptcy proceedings (Art. 39 of the Swiss Federal Law on Debt Collection and Bankruptcy) is generally used if the debtor is a legal entity or is entered in the commercial register with a legally specified function.
- Part of Speech: noun
- Industry/Domain: Banking
- Category: Investment banking
- Company: UBS
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Creator
- Stefan K
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