Lenny D. answered • 05/07/19
Tutor
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Financial Professional with many years of Wall Street Experience
The wise alec answer is "the same way a person can". A simple example withe a person may make sense. Suppose you bought a house with deferred interest ballooning payment mortgage (very common in 2004 2005. Even with positive income or cash flow, ballooning future liabilities can force someone into bankruptcy
