Best Answer: Put your right hand in front of you with the palm of the hand. facing you and the fingers pointed toward the middle. of your chest. Lower your hand down passed your. breast to the lowest part of the front of your rib. cage. This is where your liver is located.
An Insolvency Practitioner (IP) is someone who is licensed and authorised to act in relation to an insolvent individual, partnership or company. Most IPs are accountants or insolvency specialists working in firms of accountants.
Insolvency vs. Bankruptcy. Insolvency is not the same as bankruptcy. Insolvency is a state of economic distress, whereas bankruptcy is a court order that defines how an insolvent debtor will meet his or her obligations and/or have assets liquidated (sold) to pay the creditors.o an individual or company can be insolvent without being bankrupt â especially if the insolvency is temporary and correctable â but not the opposite. However, insolvency can lead to bankruptcy if the insolvent party is unable to successfully address its financial condition.