Question: Compared to Chapter 7 and 11 plans, a Chapter 13 plan permits creditors to force a debtor into involuntary bankruptcy. allows a debtor to retain

Compared to Chapter 7 and 11 plans, a Chapter 13 plan permits creditors to force a debtor into involuntary bankruptcy. allows a debtor to retain possession of his or her assets. is more expensive and more complicated. permits any interested party to file a repayment plan. Question 11 5 pts If all classes of creditors accept the debtor's Chapter 11 plan, the court cannot refuse to confirm it. True False Question 12 5 pts Any payment of the principal obligation by the debtor will discharge the surety or the guarantor from the obligation True

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