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A Bankrupt Debtor

Question 28

Multiple Choice

A bankrupt debtor:


A) can elect to use the set of exemptions provided by either the state or federal bankruptcy law.
B) can elect to keep some items exempted under the state law and other items under the federal law.
C) cannot elect which set of exemptions will be allowed; the creditors' committee or trustee makes that decision.
D) can elect the exemptions of the place where she/he was domiciled for 100 days before filing of the petition.

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