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17 August, 13:04

You legally declare you can't pay your bills. this is a definition of what?

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  1. 17 August, 15:14
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    Dealing with debt

    Explanation:

    Bankruptcy means you legally declare you are unable to pay your bills. If the court agrees and declares you legally bankrupt, you will not have to repay certain debts - or you may be given additional time to pay your debts. Some people are forced into bankruptcy because of health problems.
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