Bankruptcy is the acknowledgment of an individual or organization of the lack of ability to pay its creditors. On NexisUni (Links to an external site.)or the search engine of your choice, locate an article discussing bankruptcy.

NexisUni Instructions

To find an article on NexisUni(Links to an external site.), go to Excelsior College's Library(Links to an external site.). There, you will find a link for Research Databases. This will take you to a link for NexisUni.

Provide a summary of the article, to include your response to the following questions:

• How have the laws changed?
• What are the pros and cons of the changes?