This topic contains a solution. Click here to go to the answer

Author Question: A debtor's disposable income is the income left over each month after the debtor pays for certain ... (Read 124 times)

mrsjacobs44

  • Hero Member
  • *****
  • Posts: 500
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



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jackie

  • Sr. Member
  • ****
  • Posts: 324
Answer to Question 1

TRUE

Answer to Question 2

FALSE



mrsjacobs44

  • Hero Member
  • *****
  • Posts: 500
Both answers were spot on, thank you once again




 

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

For a complete list of videos, visit our video library