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

Question

Jacquelyn Pierce

Social Studies

5 August, 05:16

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

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Answers (2)

Know the Answer?

Krish Bradshaw · 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

Kailyn Huff · 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.