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Where a Consumer Debtor Has Debts Less Than ___________,Excluding Those

Question 6

Multiple Choice

Where a consumer debtor has debts less than ___________,excluding those secured by the person's principal residence,he or she may use the summary administration procedures of the Bankruptcy and Insolvency Act.


A) $1,000
B) $5,000
C) $25,000
D) $50,000
E) $75,000

Correct Answer:

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