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Thread: What is it?

  1. #1
    Johndoe234 is offline Junior Member
    Join Date
    Dec 2009
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    11

    Default What is it?

    If you are unable to pay off your debits, then you need to file for personal bankruptcy. If your debt is climbing at a faster rate than you can pay off there enters bankruptcy.

  2. #2
    webspider is offline Junior Member
    Join Date
    Dec 2011
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    Default

    hello friends,
    I need this anwer for my history project.
    Oh btw what can I draw for this question?
    thanks

  3. #3
    emmabail is offline Junior Member
    Join Date
    Oct 2011
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    13

    Default Personal Bankruptcy

    That is the main purpose of filing bankruptcy.when debt is climbing faster than you can pay there is only one option which is filing personal bankruptcy.Bankruptcy law has such a provision called foreclosure and automatic stay from which you can get some relief of such situations when you file the personal bankruptcy.

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