Creditors, Debtors, & Bankruptcy. Chapter 33. Credit. Whole or partial payment is delayed Pawn Collateral Secured/Unsecured Loan Garnishment Finance Charges Credit Rating. Involuntary Liens. Lien – a legal right in another’s property as security for the performance of an obligation
Whole or partial payment is delayed
REORGANIZATION OF THE COMPANY
The number of personal bankruptcy filings in the fiscal year ending September 30, 2003, rose 7.8% from the same period in 2002, reaching 1,625,813, according to the American Bankruptcy Institute (ABI). That’s twice the number of people filing for personal bankruptcy protection in 1993.
Even though it is legal is it unethical?????
Yes, No, Depends?