Bankruptcy | Wikipedia audio article
Channel: wikipedia tts
Date: 2019-06-22

This is an audio version of the Wikipedia Article:
https://en.wikipedia.org/wiki/Bankruptcy


00:01:00 1 Etymology
00:01:28 2 History
00:03:26 3 Modern law and debt restructuring
00:06:25 4 Fraud
00:08:28 5 By country
00:08:38 5.1 Argentina
00:09:03 5.2 Australia
00:13:37 5.3 Brazil
00:15:17 5.4 Canada
00:21:06 5.5 China
00:21:26 5.6 Ireland
00:22:05 5.7 India
00:23:20 5.8 The Netherlands
00:24:38 5.9 Russia
00:27:10 5.10 South Africa
00:27:19 5.11 Switzerland
00:27:54 5.12 Sweden
00:30:34 5.13 United Kingdom
00:33:03 5.14 United States
00:33:56 5.14.1 Debts and exemptions
00:35:49 5.14.2 Chapters
00:38:52 5.14.2.1 Chapter 7
00:43:42 5.14.2.2 Chapter 11
00:44:44 5.14.2.3 Chapter 13
00:47:14 5.15 Europe
00:50:04 6 Effective sovereign bankruptcy



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Speaking Rate: 0.8425798926227004
Voice name: en-GB-Wavenet-B


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SUMMARY
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Bankruptcy is a legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts. In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the debtor.
Bankruptcy is not the only legal status that an insolvent person may have, and the term bankruptcy is therefore not a synonym for insolvency. In some countries, such as the United Kingdom, bankruptcy is limited to individuals; other forms of insolvency proceedings (such as liquidation and administration) are applied to companies. In the United States, bankruptcy is applied more broadly to formal insolvency proceedings. In France, the cognate French word banqueroute is used solely for cases of fraudulent bankruptcy, whereas the term faillite (cognate of "failure") is used for bankruptcy in accordance with the law.