Bankruptcy and Insolvency

Bankruptcy is a state in which a person is unable to pay creditors and is required to undergo a legal process that usually results in the liquidation of his/her estate to meet expenses (at least in part). If a person is declared to be a bankrupt then he/she cannot operate a business for profit, enter a business contract or borrow money. It is similar, but not identical to insolvency. This index covers the years 1888-1928, surnames A-Z.