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23 June, 03:15

What does the high rate of bankruptcy suggest about the average person's understanding of personal finance?

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  1. 23 June, 03:29
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    Bankruptcy is a legal rank of a person or other object that cannot reimburse debts to creditors. In here the high rate means that it is a legal process in which a court takes over approximately of the finances of an individual who is incapable to recompense his or her bills.
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