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bankrupt

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12y ago

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Related Questions

What is caused when a landowner is unable to pay the debt on property?

Foreclosure


Is caused when a landowner is unable to pay the debt on property?

forcloser


What is caused when a landowner is unable to pay the debt on a property?

Foreclosure


What do you call a person who can't pay their debt?

A person who cannot pay their debt is often referred to as a "debtor." If they are unable to meet their financial obligations, they may also be described as "insolvent" or "bankrupt" if they have filed for bankruptcy protection. In informal contexts, they might simply be called "broke."


What does bankrupt mean in a sentence?

His business went to the dogs and he was declared bankrupt. He was unable to pay his debt and was declared bankrupt. His creditors got nothing as he was declared bankrupt.


You co-signed they are coming after you for the debt What can you do?

You cosigned that you would pay the debt if the other person is late or defaults. That means you have to pay the debt if the other person is late or defaults.


How can one pay your credit card debt?

The best way a person can pay their credit card debt is by getting a job to earn money to pay off the debt. By being wise about how their money is spent, a person can begin to pay off the debt without creating more.


What are your options if you are unable to pay the full debt amount to the collection agency?

Do NOT pay any money to a collection agency.......send your money to the debtor, the person you owe it to. Send it in the form of a check or money order. NEVER PAY A COLLECTION AGENCY


What do you call a person that can not pay debt?

Deadbeat


Will you be imprisoned if you can't pay your credit card debt?

In most countries, being in debt (or rather being unable to repay debt) is not a crime, you cannot be arrested or imprisoned for it.


Definition of primary promise?

promise to pay another's debt that is not conditioned upon the other person's failure to pay promise to pay another's debt that is not conditioned upon the other person's failure to pay


Do you have to pay an unsecured card debt?

my husband is 72 and got laid off. i am 60 and unable to work. we have 15,000.00 in card debt. besides getting a bad rate can they force us to pay ?