A repayment-plan bankruptcy case can be initiated only by the filing of a petition by the

Name: A repayment-plan bankruptcy case can be initiated only by the filing of a petition by the
Brand: Quizplus
Rating: 4.8 (42 reviews)

Question

Quizplus · Accepted Answer

A repayment-plan bankruptcy case, specifically under Chapter 13 of the U.S. Bankruptcy Code, is initiated by the debtor filing a petition with the bankruptcy court. This allows the debtor to keep their property and pay debts over time, usually three to five years.

A Repayment-Plan Bankruptcy Case Can Be Initiated Only by the Filing