Many people were farmers back then and their crops would get wiped out and it caused very bad farming conditions. Since the farmers couldn't farm there was no income.
Many people will die. Things would be destroyed too. Some may not have food to eat because the hurricane had destroyed their farms which has their planted food there.
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.
You would need to sue via their Trustee in Bankruptcy. Those are the people that know what the bankrupt party has as assets. You would commence the action in the usual way an action is commenced.
Elie Wiesel went on Oprah and spoke about the Ponzi scheme that cost him his millions after he went bankrupt. Elie stated that he would like Bernie Madoff to go to prison for the rest of his life.
There are many restrictions that bankrupt people face when seeking to get credit, the most common one is that they would find that most banks would refuse them credit even if their current economy, is stable and healthy.
Farms provide us with food and animals that we eat. Also, without farms, there would be no ethanol, cheese, milk, or practically any meat product. Also, corn syrup and the many soybean products would not be possible. There would be no sugar if there were no farms. Without farms the world would be a much different place, in a very bad way.
They would live off of their own farms.
They would live off of their own farms.
no. why would it?
It Didn't Go bankrupt, If you were smart you would know that
The answer would be many large farms .
From a person who farms goats or from a goat auction.