Monday 2 July 2012
Your Questions About I Can't Pay A Loan
Lizzie asks…What happens if you can't pay back a loan but you've already declared bankruptcy?I keep reading about loans for people who have declared bankruptcy. If these people get the loan and can't pay it back what do they do? They can't claim bankruptcy again and they can't go to jail - so really what is their motivation for paying it back?admin answers:Actually you can declare bankruptcy more than once. However once you've declared bankruptcy successfully, there's little incentive to
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