Bankruptcy And Enforcement Of Law In Singapore

Enforcement of the Law (Civil Judgment)The process through which a person who is unable to pay his or her debt is recognized to be an insolvent person, whether natural or artificial is known as Bankruptcy. In this situation a  bankruptcy order is made by the court against the person who is not able to repay the debt and who has been declared as an insolvent and where is does not have the capacity of paying off his debt which is not less t…