Multiple Choice
Owen drops out before he completes his college education and starts his own business. Five years later, Owen files for bankruptcy under Chapter 13. Owen will obtain a discharge of all debts provided for by the Chapter 13 plan if the value of the property distributed under the plan is greater than what would have been available in a liquidation and
A) if he fails to make all payments due to events beyond his control.
B) if he stays in business for at least five years.
C) if he takes out a student loan and returns to school.
D) under no circumstances.
Correct Answer:

Verified
Correct Answer:
Verified
Q18: Fact Pattern 30-1B<br>In January,Jazz Dance Studio owes
Q32: Lulu joins with other creditors to force
Q34: Current City (CC)is a retail seller of
Q73: A Chapter 11 plan is binding on
Q74: It is possible, on a debtor's bankruptcy,
Q77: To adjust debt and institute a repayment
Q78: The procedure and content of a Chapter
Q79: Mabel files a petition in bankruptcy. The
Q81: The Bankruptcy Code's Chapter 12 is intended
Q83: Fact Pattern 30-1A <br>Eve sells her motorcycle