QUESTION IMAGE
Question
bankruptcy is considered a last resort because it stays on someone’s record for
one to four years.
four to seven years.
seven to ten years.
eleven to fourteen years.
Brief Explanations
In financial and credit - related knowledge, bankruptcy information stays on a person's credit record for seven to ten years. This long - term impact is one of the main reasons why bankruptcy is regarded as a last - resort option.
Snap & solve any problem in the app
Get step-by-step solutions on Sovi AI
Photo-based solutions with guided steps
Explore more problems and detailed explanations
C. seven to ten years.