Multiple Choice
What is the test to justify voluntary bankruptcy?
A) It would be inconvenient for the debtor to pay debts
B) The debtor would face financial hardship if he were to pay all debts due
C) The debtor is more than 240 days behind in paying debts.
D) The debtor is more than 120 days behind in paying debts.
E) It would be impossible to pay debts which are due
Correct Answer:
Verified
Correct Answer:
Verified
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