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postheadericon What is insolvency?

Of it was the rights of private financial and deficit for the fulfillment was not toying with money people and proved a hard time with the judiciary to confront its creditors, some of them after their inability to prove the existence of money to him, the judge shall issue an instrument legally do so and when the deed was issued an update to its requirements shall refrain from insolvent to the event pleased.
Of Royal Decree No. 4 / r / e 21 795 in 17/9/1402

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