Insolvency - The inability to satisfy creditors or discharge liabilities. Early legislation in NSW addressed insolvency rather than bankruptcy.
Bankruptcy - Bankruptcy is similar, but not identical to insolvency. Bankruptcy involves the sequestration of a...
How to find all the details of NSW bankruptcy and insolvency records.
Bankruptcy is a state in which a person is unable to pay creditors and is required to undergo a legal process that usually results in liquidation of his/her estate in order to meet expenses (at least in part). It is similar, but not identical to insolvency....
![Dr Charles Fattorini: Naturalisation Certificate NRS 1042 [4-1200]](https://www.records.nsw.gov.au/sites/default/files/styles/index/public/Collection/Naturalization/Naturalisation%20certificate%204-1200.jpg?itok=EtBYHh9p "Dr Charles Lamonnerie Dictus Fattorini: Naturalisation Certificate NRS 1042 4-1200] p. 325")
Among the entries in the Port Macquarie Small Debts Register is one of Port Macquarie’s more notable residents - Dr Charles Lamonnerie Dictus Fattorini, rumoured to be the illegitimate son of Napoleon Bonaparte.
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Insolvency is the inability to pay debts or meet expenses. Under early colonial law insolvency was treated as a different concept to bankruptcy (which involved an insolvents assets being administered and distributed to creditors).