Which statement describes Chapter 13 bankruptcy? Select all that apply.
(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.
3 answers
Debtors establish repayment plans.
2 answers bro
Debtors keep all of their assets.
Debtors establish repayment plans.
Debtors establish repayment plans.