Cách sử dụng
Bankruptcy refers to a situation where a person or a company is not able to pay their debts. When someone declares bankruptcy, they admit that they do not have enough money to pay back the money they owe to their creditors. This can happen due to a variety of reasons, such as losing a job, facing unexpected expenses, or being unable to manage money wisely. Bankruptcy should be considered as a last resort and can have significant consequences, such as losing assets and facing legal action. It is important to seek professional advice before declaring bankruptcy to understand the consequences and explore other options.