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Which of the Following Is Required to File Chapter 12

Question 14

Multiple Choice

Which of the following is required to file Chapter 12 bankruptcy?


A) At least half of the debt must be farm related?
B) At least 90 percent of the debt must be farm related
C) Total debt must be under $1 million
D) The farmer must be 100 percent insolvent.
E) The farmer must be completely unable to pay any money towards creditors

Correct Answer:

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