Under which process might you not have to pay off all your debts in full?(1 point)

Responses

neither Chapter 7 nor Chapter 13 bankruptcy
neither Chapter 7 nor Chapter 13 bankruptcy

Chapter 7 bankruptcy
Chapter 7 bankruptcy

both Chapter 7 and Chapter 13 bankruptcy
both Chapter 7 and Chapter 13 bankruptcy

Chapter 13 bankruptcy

1 answer

Chapter 13 bankruptcy.

In Chapter 13 bankruptcy, you may be able to keep your assets and repay only a portion of your debts over a specified repayment plan, while in Chapter 7 bankruptcy, you typically must liquidate assets to pay off debts.