To adjust debt and institute a repayment plan, Diana-who is not a corporation, a partnership, or a family farmer or fisherman-may file a petition in bankruptcy for relief through

Question

To adjust debt and institute a repayment plan, Diana-who is not a corporation, a partnership, or a family farmer or fisherman-may file a petition in bankruptcy for relief through​

Quizplus · Accepted Answer

Diana, who is not a corporation, a partnership, or a family farmer or fisherman, can file for relief through a repayment plan under Chapter 13 bankruptcy. This allows her to restructure her debts and repay them over a period of three to five years, rather than liquidating all her assets under Chapter 7 bankruptcy.

To Adjust Debt and Institute a Repayment Plan, Diana-Who Is