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You legally declare you can’t pay your bills. this is a definition of what?

1 Answer

3 votes

Answer:

Dealing with debt

Step-by-step explanation:

Bankruptcy means you legally declare you are unable to pay your bills. If the court agrees and declares you legally bankrupt, you will not have to repay certain debts - or you may be given additional time to pay your debts. Some people are forced into bankruptcy because of health problems.

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User Alex Angelico
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