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DECREE OF INSOLVENCY Definition & Legal Meaning

Definition & Citations:

One entered in a probate court, declaring the
estate in question to be insolvent, that is. that the assets are not sufficient to pay the
debts in full. Rush v. Coleman, 121 Ala. 548. 25 South. 509; Walker v. Newton. 85 Me.
45.8, 27 Atl. 347.


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