Register

Which type of bankruptcy is sometimes called "straight" bankruptcy and involves the liquidation of all the non-exempt assets an individual owns to immediately pay off …

Which type of bankruptcy is sometimes called "straight" bankruptcy and involves the liquidation of all the non-exempt assets an individual owns to immediately pay off …
asked 38.4k views
4 votes
Which type of bankruptcy is sometimes called "straight" bankruptcy and involves the liquidation of all the non-exempt assets an individual owns to immediately pay off debt to creditors?

A- Chapter 13
B- Chapter 11
C- Chapter 7
D- Chapter 9
This is an APEX question.

asked
User Pete Wilson
by
8.1k points

2 Answers

0 votes

Answer:

C. Chapter 7 is correct Apex answer

answered
User Stensootla
by
8.1k points
5 votes
I believe it would be Chapter 7, not sure though. I will let you know if it's correct.
answered
User LunicLynx
by
8.3k points
← Prev Question Next Question →

Related questions

User NeelIVP
asked Jan 3, 2024 107k views
What does it mean for an asset to be exempt in bankruptcy? The asset can’t be sold to creditors
NeelIVP asked Jan 3, 2024
by NeelIVP
8.6k points
1 answer
3 votes
107k views
Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

Who was Adam Smith ? Anybody?
What can turn igneous rock into sediment?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
Link Copied!