Defining the Unincorporated Business in Financial Distress: Should it be Treated as a Business or as a Consumer?

doi:10.4324/9781315239491-21

Chapter

Defining the Unincorporated Business in Financial Distress: Should it be Treated as a Business or as a Consumer?

ABSTRACT

There exists in almost every insolvency system some form of debtor classification that determines the procedures and provisions which will apply to such a debtor in the event of insolvency or near-insolvency.