In a Chapter 7 proceeding, all debts that cannot be paid by the bankruptcy estate will be discharged by the court.
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Q19: Businesses must be insolvent to file for
Q20: Chapter 7 bankruptcy is reserved for any
Q23: In a Chapter 11 proceeding, for an
Q24: With respect to debtors, the main goal
Q25: Chapter 7 of the Bankruptcy Code provides
Q25: In a Chapter 7 proceeding, the primary
Q26: If all classes of creditors accept the
Q31: All bankruptcy proceedings are held in
A)federal bankruptcy
Q35: A court cannot dismiss a debtor's petition
Q36: Under Chapter 13, all debts are dischargeable.
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