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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
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1 answer

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.