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In the Case of Till V

Question 98

Multiple Choice

In the case of Till v.SCS Credit Corporation, the court stated:


A) the Bankruptcy Code is clear as to which rate of interest Congress intended when it adopted the cram down provision.
B) the courts have no authority to modify the number, timing, or amount of the installment payments from those set forth in the debtor's original contract.
C) a court choosing a cram down interest rate needs to consider the creditor's individual circumstances.
D) the formula approach to calculating interest has none of the defects discussed in the other three approaches considered in the case.

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