What will happen if major banks go bankrupt?
If major banks go bankrupt then what will happen to their debt? In other words, if a person owns couple thousands of dollars in credit card debts and the banks go under, is there still obligation to pay the debt?
(This is theoretically question)
Related Blogs
- MissInfo.tv » Exclusive: Lloyd Banks responds to Shyne's “F–k 50 …
- Four Options on How to Make 2000 Dollars in 10 Days With Out a …
- Eight Banks Fail; Canada's Second Largest Lender Buys Three Of …
- Understanding The Obligation Of Being Responsible While Executing …
- Understanding The Obligation Of Being Responsible While …
- Personal Debt Bailouts – How Obama's Credit Card Debt Bill Can …
- 5 Easy Ways To Reduce Credit Card Debt | Credit Card Advice …
- Save more for Insurance Settlement Secrets: A Step by Step Guide …
- TOP WORK FROM HOME EARN THOUSANDS OF DOLLARS FROM HOME ONLIN
- Federal Government Credit Card Debt Relief Plan | USA News
- Bank of America – More Americans Paying Credit Card Debt on Time …
- Storm causes millions of dollars in damage to city – Scarlet & Black
- Banks in the US | Financial News
- 3 Days to Making History and Your Big Reward…
- How to Successfully Consolidate Credit Card Debt | Credit Repair …
- Why Maid Insurance may become an Obligation | Directory Deals
- Home for all your niche articles is here! » Blogging Strategies …
- Pay Your Credit Card Debts On Time and Save Yourself from Problems …
- $60000 in credit card debt, $11 an hour, long story HELP …
- holy days of obligation history christmas at Liam Perez
Mail this post
The goverment will take over if no other bank buys them over.
It is highly unlikely that no other bank will buy them.
If the gvt takes over you will not be able to touch your money for a work day at most.
They will issue you the amount of your balance.
Do not throw away your lastest bank statement.
/
dont pay help them sink they deserve it.