Navigate Up
Sign In
Last Updated: 8/1/2012

Bankruptcy Definition

Contact Us

Collection

651-556-3003
800-657-3909
8:00 a.m. - 4:30 p.m. Mon.- Fri.

more

Top FAQs

  • No Top FAQs for this page
see all

Related Information

About This Page

‚ÄčThe legal act or process of applying for debt relief under bankruptcy law. Bankruptcy is court-ordered protection of debtors no longer able to pay their bills. Creditors are prohibited from taking collection actions against debtors in bankruptcy.