Which statement describes Chapter 13 bankruptcy? Select all that apply.

Question

(1 point)
Responses

All of the debtor’s assets are divided amongst their creditors.
All of the debtor’s assets are divided amongst their creditors. - only 2 answers are allowed

Debtors lose all of their assets.
Debtors lose all of their assets. - only 2 answers are allowed

Debtors are allowed to keep their assets.
Debtors are allowed to keep their assets. - only 2 answers are allowed

Debtors establish repayment plans.

Answer 1

Debtors establish repayment plans.

Answer 2

2 answers bro

Answer 3

Debtors keep all of their assets.
Debtors establish repayment plans.