Essay
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1.
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Vocabulary:
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2.
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#10 page 296 What are some reasons people get
into extreme debt and seek bankruptcy?
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3.
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#11 page 296 What are the two purposes of bankruptcy?
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4.
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#15 page 296 What can happen if you are unable to pay back an equity
loan?
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5.
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#21 page 297 Why should some people consider bankruptcy rather than trying to
pay off their legal debts? Give examples.
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6.
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#23 page 297 Why do bankruptcy laws require credit counseling before a person
can declare bankruptcy?
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7.
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#25 page 297 Why is debt consolidation a good option for consumers with many
forms of credit and many credit card payments?
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