Insolvency with negative equity
Date: Mon, 12/27/2010 - 05:05
Insolvency with negative equity
How can we differentiate insolvency and negative equity?
negative equity refers to when the value of the asset is less th
negative equity refers to when the value of the asset is less than the debt whereas insolvency refers to when someone is incapable to pay their dues and is left at the mercy of the creditors
