Bankruptcy: What Are The Three Main Types?

February 17, 2023 by Jill B.
Bankruptcy: What Are The Three Main Types? What is Bankruptcy? Bankruptcy is a legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts. In most jurisdictions, bankruptcy is imposed by a court order.  What is a Bankruptcy Court Proceeding? During a…

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