Which of the following provides a system in which debtors are forced to sell most of their property and use the cash to pay their creditors a portion of the amount owed each one?

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Liquidation is a bankruptcy process that involves the sale of a debtor's assets and the distribution of the proceeds to creditors. This is done to satisfy as much of the outstanding debt as possible. The debtor is typically left with very little assets after the process is completed. The other options listed (A, B, and D) involve different bankruptcy processes that do not necessarily require the sale of assets.

Which of the Following Provides a System in Which Debtors