contestada

Question 7 of 10
Why would bankruptcy cause someone to lose their car?
O A. It relieves a person of their debts.
B. It increases the cost of insurance.
O C. It causes a loss of assets.
O D. It harms a person's credit report.
SUBMIT

Question 7 of 10 Why would bankruptcy cause someone to lose their car O A It relieves a person of their debts B It increases the cost of insurance O C It causes class=

Respuesta :

Parrain

A bankruptcy case can cause a person to lose their car because C. It causes a loss of assets.

What does Bankruptcy do?

When a person declares that they are bankrupt, it means that they don't have enough resources to pay off their debts.

As a result, the government gets involved to help them pay it off. This usually involves most of the person's assets being sold off in order to raise some funds to pay off some of the debt. Cars will be included.

In conclusion, option C is correct.

Find out more on bankruptcy at https://brainly.com/question/26392690.

Otras preguntas