Difference between revisions of "Bankrupt"
Jump to navigation
Jump to search
(bankruptcy & the law) |
(No difference)
|
Revision as of 21:03, May 2, 2007
Bankruptcy is when you have no money. You may also be considered to be bankrupt if you owe more money than you have. Teh federal statute that deals with bankruptcy is Chapter 13. When you are bankrupt you have to sell your possessions and your home.