Suppose a friend of yours is insolvent and asks for your assistance in choosing between filing for

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Suppose a friend of yours is insolvent and asks for your assistance in choosing between filing for straight bankruptcy (liquidation) under Chapter 7 and filing under Chapter 13. What would you tell your friend are the major differences between the two kinds of proceedings?

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Law for Business

ISBN: 978-1259722325

13th edition

Authors: A. James Barnes, Terry M. Dworkin, Eric L. Richards

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