Insolvency
When an individual or organization can no longer meet its financial obligations with its lender or lenders as debts become due. Insolvency can lead to insolvency proceedings, in which legal action will be taken against the insolvent entity, and assets may be liquidated to pay off outstanding debts.
What do we need to be a solvent nation again? I think we only need to follow the money trail to see the answer?
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My name is Douglas Chick, I am an IT director for a national healthcare group, and an author of computer books, and creator of the computer networking, www.TheNetworkAdministrat
or.com
Member Since: 1/25/2008
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