Skip to content

Opening book details…

About this document

Mr. Pobre by Junho Cha is a document available to read on EtoBox.

Horacio opened a small coffee shop using borrowed money but then fled to the US with the intent to defraud his creditors. While his liabilities are P2 billion, his assets are P2.5 million. He is not qualified for insolvency or suspension of payment due to his fraudulent intentions. Mr. Pobre, doing business as Ghana Enterprises, finds himself unable to pay debts though he has sufficient assets. He should apply for suspension of payment with the regular court. An individual debtor whose properties cannot

Author
Junho Cha
Language
EN