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Insolvency.com

When our economy gives you lemons, this domain gives you lemonade.  Here is an opportunity to turn the financial misfortune of the world into a fortune of your own with a single word more preferable and less expensive than bankruptcy.  (in real life and the .com)

Info or Lead-Gen for:

• Insolvency Practitioners (UK), accounting, legal, etc.
• debt restructuring firms
• turn-around management
• workouts, voluntary, out of court settlements

Defined in the US as the inability for a person or business to settle their debts when they are due, or having negative net assets.  It differs from bankruptcy, which is a specific ruling by the court system.  Under the Uniform Commercial Code, insolvent conditions are recognized for a person or business outside of a bankruptcy proceeding where special rights and protections can apply to both parties in order to manage or work out a voluntary settlement.

In the UK, the word insolvency is used more frequently.  There, an Insolvency Practitioner will structure and supervise a voluntary arrangement in order to resolve the financial distress, in the interests of both parties.  Failure to remedy the terms of the insolvency, results in legal proceeding towards liquidation or “winding up”.  In the UK, the term bankruptcy is associated with a person’s finances.

Offers welcomed by personal message.