In filing a petition for a Chapter 7 bankruptcy,a debtor must provide the following:
A)A list of creditors and the amount and nature of their claims.
B)The source,amount,and frequency of the creditor's income.
C)A list of all the creditor's property.
D)A detailed list of the creditor's monthly expenses.
E)A list of the creditor's personal references.

Question

Quizplus · Accepted Answer

A debtor filing for Chapter 7 bankruptcy must provide a list of creditors and the amount and nature of their claims. This information is necessary to inform the court and trustee about the debts that need to be addressed in the bankruptcy proceedings.

In Filing a Petition for a Chapter 7 Bankruptcy,a Debtor