A Straight Bankruptcy _____

Multiple Choice

A straight bankruptcy _____.

A) eliminates all the obligations of a debtor
B) results in the loss of all the assets of a debtor
C) results in the repayment of debt within three to five years
D) exempts a debtor from all the tax payments and payments for alimony and child-support
E) allows a debtor to retain some other personal assets as per federal regulations