Business

Ivy Mcbride

7 May, 15:15

A person has three credit cards with very large outstanding balances and is unable to make payments on any of them. Which action should the person take?

A.) Notify a credit reporting agency in order to negotiate a new payment plan

B.) File for bankruptcy in order to maintain ones current credit score

C.) Notify the credit card companies in order to negotiate a new payment plan

D.) Contact the Internal Revenue Service in order to avoid paying income tax this year

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