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 34 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?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

For a complete list of videos, visit our video library