Though it is seen as a last resort, bankruptcy allows a consumer to

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Social Studies

Guest

27 October, 19:58

Though it is seen as a last resort, bankruptcy allows a consumer to

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Know the Answer?

Travis · Answer 1

For any future users who want to answer this multiple-choice question:

A) Temporarily stop paying debts

B) Eliminate certain types of debts

C) Easily reestablish good credit

D) Receive credit in an emergency

Savanna Bean · Answer 2

Though it is seen as a last resort, bankruptcy allows a consumer to temporarily stop paying debts.

When you declared bankruptcy, you are allowed not to pay any form of tax and debts (after all your assets are checked of course) and will continue until you find a way to sustain yourself, either from a new job or a new business.