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AVprozaik [17]
3 years ago
11

what does it mean when you file for bankruptcy and why would it be on your credit report? please somebody help. due tonight

Business
1 answer:
andreev551 [17]3 years ago
8 0
When you file for bankruptcy it's for individuals and companies when they can no longer pay their bills. from there it is decided if their debt will be relieved or if they HAVE to pay. it will be on your credit because if you want to purchase a house or a car they seller needs to know the history of the person or company
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Explanation:

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More about interpersonal communication brainly.com/question/25709454

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7 0
1 year ago
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Alex777 [14]

Answer:

$3,000

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—————

Total $18,000x16.6666666%=$3,000

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Partly this statement is true however this does not implies to all.
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