In a Chapter 7 proceeding, the primary effect of a discharge is to void any judgment on a discharged debt and to prohibit any action to collect it.
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Q23: In a Chapter 11 proceeding, for an
Q24: With respect to debtors, the main goal
Q25: Chapter 7 of the Bankruptcy Code provides
Q26: If all classes of creditors accept the
Q27: Under Chapter 13, a plan may provide
Q29: Dana operates Energy Inc., a corporation in
Q30: In a Chapter 13 bankruptcy, debtors retain
Q31: All bankruptcy proceedings are held in
A)federal bankruptcy
Q32: Voluntary petitions may be filed to initiate
Q33: Any debtor who is eligible for bankruptcy
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