Question 5 • FL-2102373-Personal Finance and Money Management Honors
The Grant family recently filed for Chapter 7 bankruptcy as a result of unexpected medical expenses and job loss. They have three minor children living at home.What step should the Grants delay?
Answer
A
Mr. and Mrs. Grant should request credit counseling.
B
Mr. Grant should seek employment if currently unemployed.
C
Mr. and Mrs. Grant should apply for an unsecured credit card.
D
Mr. and Mrs. Grant should pay any taxes owed to the government.