what is bankruptcy, when should one file for bankruptcy?
TRANSCRIPT
What is bankruptcy, when should one file for bankruptcy?
Bankruptcy is a legally declared inability or impairment of ability of an indiviidual or organization to pay its creditors. Creditors may file a bankruptcy petition against a business or corporate debtor (involuntary bankruptcy") in an effort to recoup a portion of what they are owed or initiate a restructuring. In the majority of cases
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