Bankrupt Missionary a 'Commercial Hazard'

Bankruptcy Genuine Commercial Hazard Commercial spaces, such as offices, retail, leisure and hotels contain a very varied mix of fire hazards. Such places of business can be occupied by vastly different numbers of people and varied critical assets at any one time, each representing a challenge for fire safety.

Bankruptcy is a legally declared inability or impairment of ability of an individual or organization to pay its creditors. Creditors may file a bankruptcy petition against a debtor (“involuntary bankruptcy”) in an effort to recoup a portion of what they are owed or initiate a restructuring. In the majority of cases, however, bankruptcy is initiated by the debtor (a “voluntary bankruptcy” that is filed by the insolvent individual or organization).

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.

https://www.homeloanexperts.com.au/commercial-property-loan/commercial-property-risks/

https://www.mvp.co.nz/articles/risk-management/statutory-demands-minimising-bad-debts-is-critical-for-any-business

https://www.investopedia.com/terms/i/insolvency.asp