PersonalFinanceLab: What is Bankruptcy

In this animated video, we'll explore the different types of bankruptcy, including Chapter 7 and Chapter 13, and what it means for your credit and financial future. What You Will Learn: • The different types of bankruptcy, including Chapter 7 and Chapter 13. • How bankruptcy works and what it means for your credit. • The pros and cons of each type of bankruptcy. • How bankruptcy affects your financial future and credit score.