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The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005

Question 7

Multiple Choice

The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA) was enacted to make it more __________________________________


A) difficult for unsecured creditors to obtain payments in Chapter 7
B) structured for lenders to obtain releases from Chapter 11 filings
C) difficult for well off borrowers to file for Chapter 7 by having to go through a means test
D) extends the 60 month payment settlement period for Chapter 13 to 72 months

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