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Which of these can occur when a person owes more money than he or she can earn or pay to creditors?
Wiki User
∙ 11y ago
Bankruptcy.
Wiki User
∙ 11y ago
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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 to 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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