Question

File bankruptcy can lead to?

Answer 1

Filing bankruptcy can allow for citizens to get rid of their debts and repay creditors back. This can lead to a liquidation of property, secured debt, and a higher eligibility. 

Answer 2

Bankruptcy

Bankruptcy is a legal life line for people drowning in debt. Consumers and businesses petition courts to release them from liability for their debts. In a majority of cases, the request is granted.