Why are creditors willing to negotiate with you? It's fun. They lose more by negotiating with you than if you go into bankruptcy. They lose less by negotiating with you than if you go into bankruptcy. They're required to do so.

Why are creditors willing to negotiate with you? It's fun. They lose more by negotiating with you than if you go into bankruptcy. They lose less by negotiating with you than if you go into bankruptcy. They're required to do so.

Personal Finance

13th Edition

ISBN:9781337669214

Author:GARMAN

Publisher:GARMAN

Chapter6: Building And Maintaining Good Credit

Section: Chapter Questions

Problem 7LTAI

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Why are creditors willing to negotiate with you?
It's fun.
o They lose more by negotiating with you than if you go into bankruptcy.
They lose less by negotiating with you than if you go into bankruptcy.
They're required to do so.

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