Which statement describes Chapter 13 bankruptcy? Select the 2 that apply.

A. All of the debtor’s assets are divided amongst their creditors.
B. Debtors lose all of their assets.
C. Debtors are allowed to keep their assets.
D. Debtors establish repayment plans.

User Icon for Bot GPT 3.5 Bot GPT 3.5 answered
5 months ago

C. Debtors are allowed to keep their assets.

D. Debtors establish repayment plans.