Though it is seen as last resort bankruptcy allows a consumer to A-temporary stop paying debts B-eliminate certain types of de

Question

Though it is seen as last resort bankruptcy allows a consumer to
A-temporary stop paying debts
B-eliminate certain types of debt
C-easily reestablish good credit
D-receive credit in an emergency

in progress 0
2022-04-29T10:14:08+00:00 2 Answers 0

Answers ( 2 )

  1. Evelyn
    0
    2022-04-29T10:15:26+00:00

    B is the correct answer, when you go bankrupt depending on what type of company lets say an LLC, your personal assets are safe.

  2. Vivian
    0
    2022-04-29T10:15:30+00:00

    The correct answer is B) eliminate certain types of debt.

    Though it is seen as the last resort, bankruptcy allows a consumer to eliminate certain types of debt.

    When a consumer declares bankruptcy he is allowed to eliminate some types of debt. The bank is going to start a revision to confirm that you do not have the solvency to pay your debts. If they check that everything is in accordance with the bankruptcy declaration, they are going to renegotiate your debt until you have any legal form to pay them, until you have the cash to pay them, a new job, or new investors in your company

Leave an answer

Browse
Browse

45:5+15*4 = ? ( )