CTE21.FIN.PF.21b

Career and Technical Education (2021) Grade(s): 09-12 - Finance

CTE21.FIN.PF.21b

Explain the economic consequences of personal bankruptcy and the financial responsibilities associated with filing for bankruptcy under Chapters 7, 11, and 13.

COS Examples

Examples: negative effects on assets, employability, future cost and availability of credit

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