Under Chapter 7, once the proceeds have been distributed, the obligations of the debtor most likely to be discharged are
A)taxes accruing within the last three years.
B)claims based on the debtor's willful or malicious conduct or fraud.
C)none of the choices.
D)domestic-support obligations.

Question

Quizplus · Accepted Answer

Under Chapter 7 bankruptcy, most debts can be discharged, but there are exceptions. Taxes accruing within the last three years, claims based on willful or malicious conduct or fraud, and domestic-support obligations are typically not discharged.

Under Chapter 7, Once the Proceeds Have Been Distributed, the Obligations