What if

February 3rd, 2009 by Questions

What if you have no assetts to offer? We do not own anything – how does that work?

Posted from: Saskatchewan


One Response to “What if”

, Barton Goth - Goth & Company Inc. -Trustee in Bankruptcy said:

If you have no assets, then no assets are lost in a bankruptcy and likely the creditors will get no recovery. So all you do is make your necessary payments in a bankruptcy and the creditors will then write the debt off as a result of the bankruptcy.

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