Bankruptcy

From WikiMD
Jump to navigation Jump to search

Bankruptcy

(BANK-rup-see)The situation that occurs when a person or business is not able to pay back debts. Filing for bankruptcy is a legal process that is handled by a U.S. federal court. This process can help people get rid of their debt or reduce their debt through a repayment plan. Certain events, such as job loss, divorce, a long illness, or hospitalization, can affect a person’s ability to pay bills and lead to debt and bankruptcy. Filing for bankruptcy helps people get a fresh start financially, but it also affects their ability to borrow money or have credit in the future.


W8MD weight loss logo

Ad. Tired of being overweight?. W8MD's insurance Weight loss program can HELP*

Quick links: Medicine Portal | Encyclopedia‏‎‏‎ | Gray's Anatomy‏‎ | Topics‏‎ |‏‎ Diseases‏‎ | Drugs | Wellness | Obesity‏‎ | Metabolic syndrome | Weight loss*
Disclaimer: The entire contents of WIKIMD.ORG are for informational purposes only and do not render medical advice or professional services. If you have a medical emergency, you should CALL 911 immediately! Given the nature of the wiki, the information provided may not be accurate, misleading and or incorrect. Use the information on this wiki at your own risk! See full Disclaimer.
Link to this page: <a href="http://www.wikimd.org/wiki/Bankruptcy">Bankruptcy</a>

  • Individual results may vary for weight loss from our sponsors.