# Krida (creditor’s meeting; deceptive insolvency practices)

- Canonical URL: https://www.gerhardmerk.de/krida-creditors-meeting-deceptive-insolvency-practices
- Post ID: 591695
- Modified: 2023-07-25T21:02:36+00:00
- Language: en

## Definition

In older financial terminology, the invitation to a meeting of creditors demanding payment - then also called liquidators - when a debtor's insolvency is imminent or has already occurred. - Fraudulent activity in connection with bankruptcy. Accordingly, a person who culpably impairs the satisfaction of his creditors commits a crime of fraud. - See bankruptcy, financial oncologist, insolvency, liquidity, bankruptcy vulture. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

- Generator: Merk Knowledge 1.1.1