A Chapter 13 proceeding can be initiated only through the filing of a voluntary petition by a debtor who alleges that he or she is insolvent,and barely able to pay debts when they come due.

Question

Quizplus · Accepted Answer

A Chapter 13 proceeding can be initiated by a debtor who has regular income and seeks to reorganize debts, not necessarily because they are insolvent or unable to pay debts when due.

A Chapter 13 Proceeding Can Be Initiated Only Through the Filing