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Which of the Following Is True of the Bankruptcy Procedure

Question 59

Multiple Choice

Which of the following is true of the bankruptcy procedure?


A) A driven petition is a petition filed by a debtor that states that he or she has debts.
B) A debtor must receive prepetition credit counseling within 180 days prior to filing his or her petition for bankruptcy.
C) A voluntary petition is filed by creditors of a debtor, alleging that the debtor is not paying his or her debts as they become due.
D) A complaint is a document filed with a bankruptcy court that starts a bankruptcy proceeding.

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