Which of the following parties cannot be forced into involuntary bankruptcy under Chapter 7?
A)Farmers
B)Ranchers
C)Nonprofit organizations
D)Farmers,ranchers,and nonprofit organizations
E)Farmers and ranchers,but nonprofit organizations can be forced into involuntary bankruptcy

Question

Quizplus · Accepted Answer

Not everyone can be forced into bankruptcy through Chapter 7.Farmers,ranchers,and nonprofit organizations are examples of debtors that cannot be forced into liquidation.

Which of the Following Parties Cannot Be Forced into Involuntary