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 completely unable to pay any money towards creditors
E) The farmer must be 100 percent insolvent.
Correct Answer:
Verified
Correct Answer:
Verified
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