Solved

Owen Drops Out Before He Completes His College Education and Starts

Question 71

Multiple Choice

Owen drops out before he completes his college education and starts his own business. Five years later, Owen files for bankruptcy under Chapter 13. Owen will obtain a discharge of all debts provided for by the Chapter 13 plan if the value of the property distributed under the plan is greater than what would have been available in a liquidation and


A) if he fails to make all payments due to events beyond his control.
B) if he stays in business for at least five years.
C) if he takes out a student loan and returns to school.
D) under no circumstances.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents