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What can occur when a person owes more money than he or she can earn or pay to creditors?
Wiki User
∙ 8y ago
A person can lose everything he or she owns when creditors move in to collect what they are owed. A person might have to go through bankruptcy.
Wiki User
∙ 8y ago
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Which of these can occur when a person owes more money than he or she earn or pay to creditors?
bankruptcy
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Find something and someone such that the person is prepared to pay you the required sum of money.
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In savings, you earn itOn a bill or credit card, you pay it.Simple
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A CD savings account might earn money for you. This type of savings account earns interest for the person who purchases the CD.
Which of these can occur when a person owes more money than he or she can earn or pay to creditors?
Bankruptcy.
Which can occur when a person owes more money than he or she can earn or pay to creditors?
bankruptcy
Which of these can occur when a person owes more money than he or she earn or pay to creditors?
bankruptcy
What can occur when a person owes more money than he or she can earn or pay creditors?
A person can lose everything he or she owns when creditors move in to collect what they are owed. A person might have to go through bankruptcy.
What can occur when a person owes more money than he or she can earn or pay creditor's?
A person can lose everything he or she owns when creditors move in to collect what they are owed. A person might have to go through bankruptcy.
What can occur when a person owes more than they can earn or pay to creditors?
Ultimately - they either have to work out a long-term payment plan - or go to jail !
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a person who wants to earn money sings selfishly
