This post launches our blog series where we will discuss a range of topics which are perhaps important to those holding assets, their advisors, mortgage brokers and private lenders and others.
In the coming week/s this blog will discuss:
- A range of relevant legal terms including a Glossary and their meaning/s.
- Securities in Australian law such as the PPSA, common law and otherwise.
- Insolvency - including personal and corporate insolvency.
- some case studies.
- various legal remedies, and
- other related topics.
We welcome your feedback, or if you'd like to submit a question or comment - please complete the form below.
Mark Smith, Director
www.assetprotection.biz
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What is insolvency?
Insolvency in general terms, as it relates to a corporation, is the inability to pay debts as and when they become payable.