Posts Tagged ‘circumstances’

How does a country bankrupt itself?

The news said that Iceland is or already is bankrupt. Question is, under what circumstances does it mean that a country is bankrupt?


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How does a person who has gone bankrupt get an apartment or a loan?

I was wondering this because(no i am not going bankrupt) it seems that good credit is vital to obtain anything, even a place to live. i think it’s ridiculous. people who have gone bankrupt need a place to live to, and a car to drive. How do they get an apartment in thier circumstances? and how do people with poor credit get one? live on the streets? It seems very unfair.


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What would happen if the US govt went bankrupt? How would that affect the typical American?

I’m an American very concerned about this. What would happen to me should the govt go bankrupt?

Is bankruptcy possible under current circumstances?


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