Why is repayment under Chapter 13 distinct from other types of relief?
A) Because Chapter 13 is the only type of relief available to debtors who are not insolvent.
B) Because debts are discharged in Chapter 13 but not in other Chapters of bankruptcy.
C) Because repayment plans are usually simpler and less expensive than Chapter 11 plans.
D) Because repayment is voluntary only. A debtor cannot be forced into a repayment plan.
E) Because Chapter 13 is an option only for municipalities, not individuals and businesses.
Correct Answer:
Verified
Q68: [Exemptions] Liane is injured in an automobile
Q69: [Consumer Debt] Isabel had not been keeping
Q70: Which of the following are permitted to
Q71: Juanita agrees to repay debt to Broderick
Q72: Which of the following is false regarding
Q74: Which of the following is required to
Q75: Which of the following is false regarding
Q76: Which of the following is true regarding
Q77: Which of the following is false regarding
Q78: [Consumer Debt] Isabel had not been keeping
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents