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Suki Files a Reorganization Plan as Part of a Bankruptcy

Question 24

Multiple Choice

Suki files a reorganization plan as part of a bankruptcy proceeding under Chapter 13.The court can approve the plan by applying specific rules to the value of the property to be distributed if there is an objection to the plan by


A) an insider.
B) an unsecured creditor.
C) a preferred creditor.
D) any innocent third party.

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