Janine Decides to Make an Assignment into Bankruptcy

True/False

Janine decides to make an assignment into bankruptcy.She has a number of creditors, including those that are secured (a bank has a mortgage against her house), preferred (the government, for some unpaid taxes), and general unsecured (all of the remainder).Janine would like to keep her household furniture worth $1500, but she will not be able to do so because all of her property must be made available to satisfy the claims of creditors.