Yang files a petition in bankruptcy under Chapter 7. Zhen takes control over her property and reduces it to money for distribution. Zhen is

Name: Yang files a petition in bankruptcy under Chapter 7. Zhen takes control over her property and reduces it to money for distribution. Zhen is
Brand: Quizplus
Rating: 4.9 (50 reviews)

Question

Quizplus · Accepted Answer

Zhen is acting as a bankruptcy trustee, whose role in a Chapter 7 bankruptcy case is to take control of the debtor's property, liquidate it, and distribute the proceeds to creditors.

Yang Files a Petition in Bankruptcy Under Chapter 7