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What is liquid debt?

Updated: 9/23/2023
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βˆ™ 11y ago

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Quite simply, it is money owed, typically a short term cash loan, that must be repaid in a very short period.

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Cielo Kilback

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βˆ™ 1y ago
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βˆ™ 8y ago

http://debtliquidationmethods.blogspot.com/ Answer:Liquidation is the process of converting assets into cash to pay off creditors. This process is used in personal and corporate bankruptcy as a solution to getting out of debt with lenders.

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