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Chapter 11 of the United States Bankruptcy Code Allows a

Question 38

Multiple Choice

Chapter 11 of the United States Bankruptcy Code allows a .


A) portion of a debtor's earnings to be paid into court for distribution to creditors over a period of three years
B) business to reorganize and continue to function while it is arranging for the discharge of its debts
C) portion of a debtor's homestead exemption to be paid into court for distribution to creditors over a period of five years
D) debtor to turn over all assets to a trustee who sells the nonexempt assets and distributes the proceeds to creditors

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