What is bankruptcy? (1 point) Responses making more money than you spend making more money than you spend spending more money than you make spending more money than you make not being able to repay your loans not being able to repay your loans owing money and paying it back owing money and paying it back
3 answers
Bankruptcy is the legal process in which a person or business declares that they are unable to repay their debts, and as a result their assets may be liquidated to pay off creditors.
which option above is it
The correct option is "not being able to repay your loans."