Niewypłacalność przedsiębiorstwa w ujęciu prawnym i ekonomicznym
The Entrepreneurs’ Insolvency in Legal and Economic Aspects

Summary/Abstract: This article presents legal and economic premises for declaring bankruptcy. Currently the debtor shall, no later than within 30 days of the date on which the basis for declaring bankruptcy occurred, file with the court a petition to declare bankruptcy. The general ground for declaring bankruptcy is being insolvent. A debtor shall be deemed insolvent if he fails to perform his due financial obligations. A debtor who is a legal person or an unincorporated organisational unit granted legal capacity by a separate law shall also be deemed insolvent when the sum of his obligations exceeds the value of his assets and the state is maintained for a period exceeding twenty-four months.

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