Under bankruptcy law, people can petition the courts to be relieved of the obligation to pay debts they cannot repay.

Name: Under bankruptcy law, people can petition the courts to be relieved of the obligation to pay debts they cannot repay.
Brand: Quizplus
Rating: 4.8 (50 reviews)

Question

Quizplus · Accepted Answer

This is true. Bankruptcy law provides relief to individuals and businesses who cannot repay their debts. They can petition the courts to have their debts discharged or restructured.

Under Bankruptcy Law, People Can Petition the Courts to Be