asked 181k views
5 votes
Which type of bankruptcy is sometimes called "straight" bankruptcy and involves the liquidation of all of the nonexempt assets an individual owns to immediately pay off debt to creditors?

asked
User Tacet
by
8.2k points

2 Answers

6 votes
the answer would be Liquidation Bankruptcy.
answered
User Vino
by
8.9k points
1 vote
Liquidation Bankruptcy.

answered
User Jeya Kumar
by
8.1k points
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