Question

HUNTER filed for Chapter 13 bankruptcy in 2009. Even if she planned to take the maximum time allowed under Chapter 13 to repay his debts, she must have planned to repay them by no later than what year?

A.2016
B.2015
C.2014
D.2017

Answer 1

Hunter filed for chapter 13 bankruptcy in 2009. Even if she planned to take the maximum time allowed under chapter 13 to repay his debts She must have planned to repay them by no later than 2014.

Answer 2

The answer is year 2014.

Explanation:

HUNTER filed for Chapter 13 bankruptcy in 2009. Even if she planned to take the maximum time allowed under Chapter 13 to repay her debts, she must have planned to repay them by no later than 2014.

When a person enters into a Chapter 13 case, he can reorganize his debts or unpaid mortgage or any other loan payment. This can be paid off between three to five years with five years being the maximum allotted time frame.