Bankruptcy information can remain on a consumer credit report for up to 10 years from the date of filing.
During this period, the information can be reported by the three major consumer credit reporting agencies: Experian, TransUnion, and Equifax. After 10 years, the bankruptcy information should be removed from a consumer's credit report. It is important to remember that filing for bankruptcy can have a significant impact on a person's credit score. Having a bankruptcy listed on your credit report can make it more difficult to obtain new credit, such as a loan or credit card. This can also make it more expensive to borrow money, as lenders may charge higher interest rates to compensate for the higher risk associated with borrowers with bankruptcy.
To learn more about Bankruptcy :
https://brainly.com/question/30026277
#SPJ11
according to heckscher and ohlin, each country has certain , such as land, labor, and capital.TrueFalse
True because According to Heckscher and Ohlin, each country has certain resources, such as land, labor, and capital, that are used in the production of goods and services.
These resources are known as a country’s endowments. This theory suggests that a country has a comparative advantage in producing goods and services that require a relatively larger amount of a particular resource.
For example, if a country has a large amount of land, it can have a comparative advantage in producing goods that require a lot of land (e.g. agricultural goods).
Similarly, if a country has a large amount of labor, it can have a comparative advantage in producing goods that require a lot of labor (e.g. manufactured goods).
The concept of endowments and comparative advantage helps explain why certain countries specialize in certain types of production.
To know more about country’s endowments click on below link:
https://brainly.com/question/29546170#
#SPJ11
