| Bankruptcy |
 The state of a person or firm unable to repay debts.
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If the bankrupt entity is a firm, the ownership of the firm's assets is transferred from the stockholders to the bondholders. Shareholders are the last people to get paid if a company goes bankrupt. Secure creditors always get first grabs at the proceeds from liquidation.
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An Overview Of Corporate Bankruptcy - As soon as you invest in a company, you face this risk. Find out what it means.
Z Marks The End - Investors need to know how to detect signs of looming bankruptcy. The Z-score can help.
GE Commercial Finance - The only corporate bankruptcy expert part of a Fortune 5 industrial giant. |
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