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Business, 04.04.2020 05:07 restinpeicejahseh

Last fall Gretchen traveled out of state to attend college. While registering for her classes she signed up to receive several credit cards. After she received them, she immediately began using them to purchase books, clothes, jewelry, a sound system, VCR, and a television set. After four months of extensive use, Gretchen found herself hopelessly in debt. She had no visible means of paying off her debt. She pursued the legal process in which she surrendered the property to the court; the court then sold the property to help pay her debts. This process is known as .

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