Which of the following is true of Chapter 7 liquidation?
A) The debtor is not permitted to keep any of his or her assets.
B) The 2005 bankruptcy act has eased the process of applying for a Chapter 7 bankruptcy.
C) The debtor's future income cannot be reached to pay the discharged debt.
D) Petitioning for Chapter 7 liquidation does not permit the debtor to petition for bankruptcy under any other chapter.
C
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If you buy an option to sell Treasury futures at 110, and at expiration the market price is 115,
A) the call will be exercised. B) the put will be exercised. C) the call will not be exercised. D) the put will not be exercised.
The set of swap rates that correspond to different maturities, as implied by LIBOR, is called the ________
A) Swap gain B) Swap curve C) Yield gain D) Yield curve