Real Estate Principles 3rd Edition by David Ling,Wayne Archer

Exercise 13

From a home mortgage lender's perspective, which statement is true about the effect of bankruptcy upon foreclosure
A) Chapter 7 bankruptcy is the most "lender friendly" form.
B) Chapter 11 bankruptcy is the most "lender friendly" form.
C) Chapter 13 bankruptcy is the most "lender friendly" form.
D) All forms of bankruptcy are equally devastating to a lender's efforts to foreclose.
E) No form of bankruptcy causes serious problems for a lender seeking to foreclose a mortgage.