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What is the correct definition of a bankrupt person?
A bankrupt is a person who cannot pay his or her debts.
Correct definition of a person who is bankrupt?
A person who can not pay his or her debts
Choose the correct definition of a person who is bankrupt?
a person who cannot pay his or her debts
Can an elderly person go bankrupt?
Certainly, an elderly person can go bankrupt; there is no age limit on bankruptcy.
A person who is unable to pay his debt?
bankrupt
How do you use the word bankrupt in a sentence?
A person bankrupt money from the bank, so the polices were trying to find him.
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.
What is the meaning of morally bankrupt?
A person is morally bankrupt if his actions display a complete disregard for ethical values or principles.
Choose the correct definition of a bankrupt person.?
A bankrupt person is an individual who is legally declared unable to pay their outstanding debts. This status typically arises when their liabilities exceed their assets, leading to a court proceeding that may involve the liquidation of assets to repay creditors. Bankruptcy provides a legal framework for debt relief and often allows for a fresh financial start.
Can a bankrupt person sign a lease for business?
yes they can
How would you use the word bankrupt in a sentence?
While some people went bankrupt in the 1890s mini depression, many businesses went bankrupt during the Great Depression.She felt emotionally bankrupt because of her drug addiction.
Can a person buy a house after he is bankrupt with cash money?
Yes.
