Though it is seen as a last resort, bankruptcy allows a consumer to a) temporarily stop paying debts. b) eliminate certain types of debt. c) easily reestablish good credit. d)receive credit in an emergency.

The answer is option B.

Explanation:

The term Bankruptcy Protection is utilized on the grounds that an insolvency recording in an official courtroom stops all accumulations action and lawful procedures with respect to obligation and monetary matters.Without liquidation assurance, your benefits might be in peril of being lost to your lenders through claims and judgement. A liquidation release discharges the indebted person from individual risk for certain predetermined sorts of obligations. At the end of the day, the indebted person is never again lawfully required to pay any obligations that are released. The chapter 11 release is a request from the liquidation court that completes two things: It discharges the account holder from risk for specific obligations. At the end of the day, the account holder is never again lawfully required to pay the released obligations.

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explanation:

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