Author Question: What are the distinguishing features of a Chapter 13 plan? A) Each unsecured creditor must receive ... (Read 121 times)

ishan · **on:** Jun 24, 2018

What are the distinguishing features of a Chapter 13 plan?
A) Each unsecured creditor must receive the same percentage of debt payments as the secured creditors.
B) In exchange for a longer bankruptcy term the debtor may keep more personal assets.
C) The debtor's assets are not liquidated, but disposable income is used to pay creditors for up to five years.
D) Chapter 13 plans may be filed every year, as necessary.

Question 2

Private individuals alleging violation cannot file a suit against their employer under the Age Discrimination in Employment Act (ADEA).
Indicate whether the statement is true or false