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Other Fields Homework Help Business Topic started by: Desolo on Apr 2, 2014



Title: What is Chapter 7 discharge? (Multiple Choice)
Post by: Desolo on Apr 2, 2014
What is Chapter 7 discharge?
A) The termination of the legal duty of an individual debtor to pay both secured and unsecured secured debts before he or she is granted a court trial.
B) The termination of the legal duty of an individual debtor to pay unsecured debts that remain unpaid upon the completion of a Chapter 7 proceeding.
C) The cancellation of all debts of a debtor that remain unpaid upon the completion of a Chapter 13 proceeding.
D) An instruction to the debtor to propose a plan to pay all or a portion of the debts he or she owes in installments.

This is for my business law class, anything will help


Title: Re: What is Chapter 7 discharge?
Post by: bbb on May 19, 2014
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Title: Re: What is Chapter 7 discharge?
Post by: Desolo on May 19, 2014
Thanks a lot