_____ involves some type of debt restructuring by establishing a debt repayment schedule.
A) The Wage Earner Plan
B) Straight bankruptcy
C) Pretexting
D) Phishing
E) Skimming

Question

_____  involves some type of debt restructuring by establishing a debt repayment schedule.
A) The Wage Earner Plan
B) Straight bankruptcy
C) Pretexting
D) Phishing
E) Skimming

Quizplus · Accepted Answer

The Wage Earner Plan, also known as Chapter 13 bankruptcy, involves the debtor developing a plan to repay their debts over a period of three to five years. This involves restructuring their debts and establishing a repayment schedule.

_____ Involves Some Type of Debt Restructuring by Establishing a Debt