Phrases with «debt bankruptcy»

"Debt bankruptcy" refers to a situation where an individual or company is unable to pay back the money they owe, leading to a legal process where their debts are forgiven or restructured. It is a form of financial insolvency where someone is declared unable to meet their financial obligations and seeks legal protection to resolve their debts. Full definition

Related phrases

Sentences with «debt bankruptcy»

  • And, as you may already know, there are limits to how much debt bankruptcy can help you eliminate. (totalbankruptcy.com)
  • It may not be easy to qualify for a tax debt bankruptcy discharge, but it definitely is possible, and this is perhaps the most powerful way to settle your IRS debt. (forgettaxdebt.com)
  • If you choose to pursue a Chapter 13 tax debt bankruptcy discharge, then you'll only be eligible to have a portion of your tax debt forgiven, but it'll be far easier to win in court (because the requirements are far more relaxed). (forgettaxdebt.com)
  • (see all sentences)
a b c d e f g h i j k l m n o p q r s t u v w x y z