Chapter 17/ Lesson 3 32K When bankruptcy is filed by a business or individual, the creditors impacted by the bankruptcy have rights. Understand the definition of bankruptcy, learn the differences between Chapter 7, Chapter 13, and Chapter 11 bankruptcy, and examine the creditor rights under each...
Bankruptcy is a matter of public record, and consumer credit bureaus, background report companies and tenant-screening services regularly comb court records for this information. If you've filed for bankruptcy, it will show up on a background check. However, the federal Fair Debt Reporting Act ...
This chapter considers the advantages and disadvantages of the sovereign money system. It is structured following the four goals of any well-functioning financial monetary system that we identified in Chap.4: its contribution to the economy (Sect.6.1); stability (Sect.6.2); fairness in the distri...