Which of the following statements is true about the Bankruptcy Abuse Prevention and Consumer Protection Act?
A) It established a baseline income for Chapter 7 discharge of debt versus being required to repay debts under Chapter 13.
B) It allowed creditors greater option for pursuing unsecured debt.
C) It streamlined the bankruptcy process and made it easier.
D) It allowed the average person to file their own bankruptcy without the need for legal representation.
Correct Answer:
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