Which of the following is not true about a Chapter 13 consumer debt adjustment compared to other bankruptcy plans?
A) Executory contracts may be disaffirmed under Chapter 13 but not under other plans.
B) Certain debts are dischargeable under Chapter 13 that are not dischargeable under other plans.
C) More property may be retained under Chapter 13 than under other plans.
D) Chapter 13 allows for an extension of time for payments that other plans do not.
E) Chapter 13 plans are less expensive than other plans.
Correct Answer:
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