Paper in PDFAuthors:
Nadejda BOTNARI, PhD, Associate Professor, MAES
Angela TIMUS, PhD, Associate Professor, NIER
Veaceslav BOTNARI, PhD Student, MSU
Angela TIMUS, PhD, Associate Professor, NIER
Veaceslav BOTNARI, PhD Student, MSU
Due to the economic-financial crises registered in the last years, many enterprises faced both, insolvency and bankruptcy issues. Bankruptcy is a procedure applied to the debtor in order to dissolve his/her assets, to meet the claims of the lender, followed by the dissolution of the debtor, therefore, of the company.
Keywords:
insolvency, receivables, lender, debtor, administrator, restructuring, simplified bankruptcy, secured receivables, unsecured receivables, bankruptcy.