Bankruptcy is a legal proceeding that involves individuals and businesses that are unable to honor their financial obligations to their creditors. Bankruptcy can release you from your debts, provide much-needed debt relief and give you a fresh start. However, it is...
Month: January 2022
Month: January 2022
Debts you will have to pay after declaring bankruptcy
Bankruptcy is a legal process that offers relief to people who cannot pay their debt. You may apply for bankruptcy voluntarily or your creditors can petition the court to declare you bankrupt. Whichever, once you are declared bankrupt, a trustee will be appointed to...