👉 Rebankruptcy is a legal process in which a company or individual files for bankruptcy protection and seeks to liquidate its assets, usually through selling or giving away their assets. This can be done voluntarily or involuntarily. Involuntary rebankruptcy occurs when a company or individual chooses not to file for bankruptcy due to unforeseen circumstances such as insolvency, illness, or other reasons. In voluntary rebankruptcy, the company or individual files for bankruptcy and is required to pay back creditors in
