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Question 16 (1 point) A Chapter 13 personal bankruptcy is characterized by all of the following...

Question 16 (1 point)

A Chapter 13 personal bankruptcy is characterized by all of the following except

Question 16 options:

a)

 you continue to pay at least a portion of most of your debts.

b)

 you maintain title and possession of your assets.

c)

 your creditors vote on restructuring your debt repayments.

d)

 the Court determines a new debt repayment schedule.

e)

 you get relief from harassment by bill collectors.
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Answer #1

Ans C) your creditors vote on restructuring your debt repayments.

A personal bankruptcy is characterized by you continue to pay at least a portion of most of your debts, you maintain title and possession of your assets, the Court determines a new debt repayment schedule, you get relief from harassment by bill collectors.

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