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Bailiffs
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Bailiffs are people who collect a debt on behalf of a creditor. They can be authorised to remove and sell certain possessions in order to pay the money a debtor owes to a person or an organisation.
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Bankrupt
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A person that has been declared insolvent through a court proceeding and is relieved from the payments of debts after the surrender of assets to a court appointed trustee
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Bankruptcy
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Insolvent - unable to pay creditors and having all goods/effects administered by a liquidator or trustee and realised for the benefit of those creditors; as a result of an order under the Insolvency A
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