Tag: insolvency

Banking & Finance

Legal

What does a bankrupt look like?

What does a bankrupt person look like? Is it a corporate highflyer who has recklessly thrown money into a high-risk, undiversified investment portfolio in an attempt to get rich quick, or perhaps, an aspiring entrepreneur who is shamelessly hiding assets from creditors? Contrary to existing stereotypes, statistics say that a bankrupt is most likely a…

6 Jul 2018, by Amy Sarcevic