If You Declare a Chapter 7 Bankruptcy,you Do Not Have

question 137

True/False

If you declare a Chapter 7 bankruptcy,you do not have to pay alimony,child support,or educational loans.

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Definitions:

Interest Rate

The cost of borrowing money, typically expressed as a percentage of the amount borrowed, or the return on invested capital.

South African Gold Strike

Refers to a period of labor strike within South Africa's gold mining sector, impacting production and potentially influencing global gold prices.

Mining Companies

Firms specialized in the extraction of minerals or other geological materials from the earth.

Rational Investor

An individual who makes investment decisions based on logic, available information, and an evaluation of the potential for profit or loss.