If a person's debts are subject to a Chapter 7 discharge, what does it mean?
A) that he or she needs to repay only unsecured debts
B) that he or she needs to repay only secured debts
C) that he or she needs to pay his prepetition debts with his postpetition income
D) that he or she need not repay the debt
Correct Answer:
Verified
Q42: Exempt property may not be retained by
Q43: Briefly explain what is included in a
Q44: What is a Chapter 7 discharge?
A) The
Q45: Under the 2005 bankruptcy act, if non-exempt
Q46: Which of the following is true of
Q48: Gifts that a debtor is entitled to
Q49: How does a court order to discharge
Q50: Which of the following is true of
Q51: The Bankruptcy Abuse Prevention and Consumer Protection
Q52: What is a homestead exemption?
A) investment in
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