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    Personal Finance Study Set 12
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    Exam 6: Managing Your Liquidity - Assessing, Managing, and Securing Your Credit
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    Creditors That Become Insolvent and Cannot Pay Their Debts Must
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Creditors That Become Insolvent and Cannot Pay Their Debts Must

Question 73

Question 73

True/False

Creditors that become insolvent and cannot pay their debts must proceed directly to a bankruptcy trustee.

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