U will remain bankrupt for upto 1 year.
When one goes bankrupt, one's debts are cancelled.
A trader who secretes himself, or does certain other acts tending to defraud his creditors., A trader who becomes unable to pay his debts; an insolvent trader; popularly, any person who is unable to pay his debts; an insolvent person., A person who, in accordance with the terms of a law relating to bankruptcy, has been judicially declared to be unable to meet his liabilities., Being a bankrupt or in a condition of bankruptcy; unable to pay, or legally discharged from paying, one's debts; as, a bankrupt merchant., Depleted of money; not having the means of meeting pecuniary liabilities; as, a bankrupt treasury., Relating to bankrupts and bankruptcy., Destitute of, or wholly wanting (something once possessed, or something one should possess)., To make bankrupt; to bring financial ruin upon; to impoverish.
i have 2 businessness if i transfer one into a trust account will it be protected if i go bankrupt
One can pay off their mortgage and therewith reduce his overall debt. Bad credit may also be due to past history, for example if one has already declared himself bankrupt, he will have a bad credit score.
no one they are bankrupt
Morally bankrupt (as I assume you mean) means without moral worth; for instance one might say: 'Bashar al Asad is morally bankrupt'
In 68 CE, Emperor Nero returned to Rome and learned that he was condemned to death by way of beating. Therefore he committed suicide with the help of his secretary Epaphroditos. Sources do not state how he committed suicide.
Bankrupt one ... as in 'breaking the bank'.
Bankrupt
Absolutely Not ! One has Nothing to do with the Other !
One time.
Yes. Blockbuster is bankrupt. And one of these days it will go out of business. Blockbuster was one of America's most famous video rental stores. And now it is having trouble with sales.