Use what you have learned about managing credit to complete the statements. one reason people choose to file bankruptcy is because some of their debt will be . a major consequence of bankruptcy is that it can an individual’s chances of receiving additional credit for .

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27-05-2022
Business

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Use what you have learned about managing credit to complete the statements. one reason people choose to file bankruptcy is because some of their debt will be . a major consequence of bankruptcy is that it can an individual’s chances of receiving additional credit for .

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abiolataiwo2015 abiolataiwo2015 · Answer 1 · 2022-05-30T11:34:27+02:00

Filing for bankruptcy can eliminate debt. A major consequence of bankruptcy is that it can harm an individual's chances of receiving additional credit.

What is bankruptcy?

Bankruptcy can be defined as the inability of a person to pay debt.

One of the advantage of Filing for bankruptcy is that it can help to eliminate the credit or loan amount a person borrowed and the disadvantage of bankruptcy is that the borrower may be unable to borrow another credit.

Therefore the complete statement is : eliminate/ harm.

Learn more about bankruptcy here:brainly.com/question/26392690

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tellezjisela tellezjisela · Answer 2 · 2022-06-14T05:43:24+02:00

tellezjisela tellezjisela

14-06-2022

eliminated

harm

seven to ten years

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