Under Chapter 7, once the proceeds of the bankruptcy estate have been distributed, the debtor's remaining debts
A) are discharged.
B) paid by the court.
C) renewed without legal action as obligations of the debtor.
D) subject to legal actions to recover any unpaid amounts.
Correct Answer:
Verified
Q39: A Chapter 13 proceeding is more expensive
Q40: In a Chapter 11 proceeding, the role
Q41: A voluntary petition in bankruptcy must include
A)proof
Q42: Under Chapter 7, to be entitled to
Q43: Under Chapter 7, once the proceeds have
Q45: Under Chapter 7, the primary effect of
Q46: Under Chapter 7, a debtor who fails
Q47: A bankruptcy trustee is accountable for
A)administering the
Q48: An involuntary bankruptcy occurs when a debtor
A)files
Q49: To force a debtor with twelve or
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