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Author Question: In a Chapter 13 proceeding, a bankruptcy trustee is appointed and is responsible for gathering the ... (Read 58 times)

CQXA

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on: Aug 2, 2018
In a Chapter 13 proceeding, a bankruptcy trustee is appointed and is responsible for gathering the debtor's assets, selling them, and then distributing the proceeds to the creditors.
 
  Indicate whether the statement is true or false

Question 2

A voidable preference occurs when the debtor transfers assets to a creditor prior to filing for bankruptcy.
 
  Indicate whether the statement is true or false


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kingfahad97

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Reply #1 on: Aug 2, 2018
Answer to Question 1

TRUE

Answer to Question 2

FALSE


CQXA

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Reply 2 on: Aug 2, 2018
YES! Correct, THANKS for helping me on my review

bitingbit

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Reply 3 on: Yesterday
Wow, this really help

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