If You Have Trouble Paying Your Bills

question 23

Multiple Choice

If you have trouble paying your bills,

• A)take a personal finance course.
• B)turn to a company that claims to offer assistance in solving debt problems.
• C)check with your local Better Business Bureau for help.
• D)seek assistance from a collection agency.
• E)try to solve the problem with your creditor.

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Definitions:

Chapter 11

A provision under the U.S. Bankruptcy Code that allows for business reorganization under court supervision while maintaining operations.

Chapter 7

A provision under the U.S. Bankruptcy Code allowing individuals or businesses to liquidate their assets to pay off creditors as part of a bankruptcy proceeding.

Railroads

Railroads are companies that operate trains on a set of tracks for the transport of goods and passengers.

Conserve And Administer

The act of preserving resources or assets and managing them responsibly for current and future use.