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Author Question: A debtor's disposable income is the income left over each month after the debtor pays for certain ... (Read 37 times)

mrsjacobs44

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A debtor's disposable income is the income left over each month after the debtor pays for certain expenses allowed by the Bankruptcy Code, such as mortgage payments, health insurance payments, medical bills, and food bills.
 
  Indicate whether the statement is true or false

Question 2

Sometimes referred to as the last resort plan, Chapter 13 is available for individuals who have regular income and who have sufficient disposable income each month to repay a significant portion of their debts.
 
  Indicate whether the statement is true or false



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jackie

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Answer to Question 1

TRUE

Answer to Question 2

FALSE



mrsjacobs44

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Both answers were spot on, thank you once again




 

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