Question

The Bankruptcy Abuse and Prevention and Consumer Protection Act limited the number of debtors who could declare which type of bankruptcy?
A.
Chapter 7
B.
Chapter 13
C.
Chapter 12
D.
Chapter 15
Reset

Answer 1

The Bankruptcy Abuse and Prevention and Consumer Protection Act primarily limited the number of debtors who could declare:

**A. Chapter 7**

This act made it more difficult for individuals to file for Chapter 7 bankruptcy, which allows for the discharge of most unsecured debts, by introducing a means test to determine eligibility.