To adjust debt and institute a repayment plan,Don,a family fisherman in the Pacific Ocean off the coast of Alaska,may file a petition in bankruptcy for relief under the Bankruptcy Code's Chapter

Question

To adjust debt and institute a repayment plan,Don,a family fisherman in the Pacific Ocean off the coast of Alaska,may file a petition in bankruptcy for relief under the Bankruptcy Code's Chapter​

Quizplus · Accepted Answer

Chapter 12 of the Bankruptcy Code is specifically designed for family farmers and family fishermen to restructure their debts and create a repayment plan.

To Adjust Debt and Institute a Repayment Plan,Don,a Family Fisherman