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not being able to pay creditors. too much debt. 

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not being able to pay creditors. too much debt. 

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Insufficient assets to discharge its debts and liabilities

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Company that has no assets that are worth selling during administration so liquidators are called in

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Being unable to pay money that is owned to a person

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Selling assets

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Company being bankrupt (in liquidation) 

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Company being bankrupt (in liquidation) 

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selling assets

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Being unable to pay money that is owned to a person

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Insolvency is the state of being unable to pay the money owed, by a person or company, on time; those in a state of insolvency are said to be insolvent. There are two forms: cash-flow insolvency and balance-sheet insolvency

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Bad

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selling assets

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Being bankrupt

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When a company couldnt afford to pay debt

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No more taxi

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You're screwed

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Being unable to pay money that is owned to a person

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Unable to pay debts

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Not sure

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Skitz is a fictional mutant in the Marvel Comics universe
Skitz means getting angry
Skitz is a British DJ and music producer
Skitz ain't nothing to do with being insolvent

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being unable to pay debts

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Not being able to repay all the business debts if they were to be paid off

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The stage before bankruptcy

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Liquidation

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Liquidation

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Have no liquid assets, to be able to pay debts of a company.

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Bankruptcy

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Failure

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Not being able to pay off your debts or pay for work eg. Pay contractors etc

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Not having enough funds to be able to post your debts if all debts were required to be fulfilled

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You will be declared insolvent by hm revenue and customs

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Bankruptcy

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Administration

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Being bankrupt
Selling your assets

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Bankruptcy