Chapter 13 is
A) the quickest and simplest form of bankruptcy; it is the liquidation of assets with the proceeds distributed to the creditors.
B) a reorganization bankruptcy,in which the debtor proposes a plan of reorganization to keep his or her assets and pay creditors over an extended time period,usually three to five years.
C) a sale of a debtor's nonexempt property and the distribution of the proceeds to the creditors.
D) None of the choices are correct.
Correct Answer:
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