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U will remain bankrupt for upto 1 year.

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16y ago

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What will bankrupt solve?

When one goes bankrupt, one's debts are cancelled.


What is the basic meaning of bankrupt?

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.


Can you bankrupt if you have a trust?

i have 2 businessness if i transfer one into a trust account will it be protected if i go bankrupt


Where can one improve their bad credit due to mortgage rates?

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.


Who is the head for the Adidas MNC?

no one they are bankrupt


What is the meaning of morlly bankrupt?

Morally bankrupt (as I assume you mean) means without moral worth; for instance one might say: 'Bashar al Asad is morally bankrupt'


Did Roman Emperor Nero kill himself?

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.


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Being unable to pay one's debts?

Bankrupt


Can your benefits be taken if you are bankrupt?

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How many times has gm gone bankrupt?

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Is blockbuster bankrupt?

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