concept   bankruptcy
culture   United States
statement   Bankruptcy is a legal process in the United States for individuals and businesses to reorganize or eliminate debts and start anew.

4 similar statements
# Concept Culture Statement Freq.
1 bankruptcy United States Bankruptcy is often seen as a failure, but the legal process provides a fresh start for individuals and businesses to reorganize and repay debts. 1
2 bankruptcy United States Bankruptcy is a legal process that allows individuals and businesses to eliminate or repay their debts under the protection of the bankruptcy court. 1
3 bankruptcy United States Bankruptcy may be seen as a fresh start, a legal process to provide relief to individuals and businesses unable to pay their debts. 1
4 bankruptcy United States Bankruptcy laws provide individuals and businesses with a legal way to eliminate or repay debts. 1