👉 A bankrider is a person or entity who has been declared bankrupt due to financial insolvency. They are typically individuals, business owners, or government officials who have not met certain financial requirements and are therefore unable to meet their obligations. Bankrider cases can be complex and require extensive legal documentation and proof of the individual's financial inability to pay. Bankrider cases arise when a person or entity fails to make payments on debts that were agreed upon by both parties, which is known as default