A straight bankruptcy _____.
A) eliminates all the obligations of a debtor
B) results in the loss of all the assets of a debtor
C) results in the repayment of debt within three to five years
D) exempts a debtor from all the tax payments and payments for alimony and child-support
E) allows a debtor to retain some other personal assets as per federal regulations
Correct Answer:
Verified
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