After filing for bankruptcy, one might find his costs in insurance premiums and interest rates. Option D is correct.
Bankruptcy is the procedure by which the people who are unable to pay the debts to creditors, may get relief from some or all the debts.
The bankruptcy damages the credit of one who file bankruptcy. It may cost on his insurance premiums and the rate of interest as his score to take the loan is reduced.
The options of the given problem are:
Thus, after filing for bankruptcy, one might find his costs in insurance premiums and interest rates. Option D is correct.
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