Please also provide source and reference

B) Bob and Sue Brown are a young couple with two small children. When they were students, they borrowed about $80,000 to finance their undergraduate educations, as well as an MBA for Bob and a teaching certificate for Sue. Within the past 3 years they stretched themselves further financially in the course of acquiring and furnishing their first home and starting their family. Recently, Bob was laid off from just job. Then, Sue was injured in an automobile accident and has been unable to continue substitute teaching. Bob's unemployment benefits are insufficient to provide for the ordinary family expenses or to service the debt they owe. The bank has filed a notice of intent to foreclose the mortgage on their home, and other creditors have sent letters threatening to repossess their car and furnishings. (Hint: Chapter 30). Questions: If the Browns file a petition in bankruptcy, what assets would they be able to retain as exempt from the claims of their creditors? Which of their debts could be discharged in a bankruptcy proceeding and which could not? What advantages and disadvantages would the Browns have if they filed under Chapter 7 as opposed to filing under Chapter 13? Is there anything the Browns should have done differently to protect their assets? Citation: Make sure to use the text and an outside source (internet, library source, magazine article. etc..) for support, citing in the APA style. Always use the text and at least 1 outside source each week when answering your question(s) in the discussion forum. There are examples in the Announcements and also posted in the Discussion forum. Include the retrieval date for internet site citation, as required by the APA style. B) Bob and Sue Brown are a young couple with two small children. When they were students, they borrowed about $80,000 to finance their undergraduate educations, as well as an MBA for Bob and a teaching certificate for Sue. Within the past 3 years they stretched themselves further financially in the course of acquiring and furnishing their first home and starting their family. Recently, Bob was laid off from just job. Then, Sue was injured in an automobile accident and has been unable to continue substitute teaching. Bob's unemployment benefits are insufficient to provide for the ordinary family expenses or to service the debt they owe. The bank has filed a notice of intent to foreclose the mortgage on their home, and other creditors have sent letters threatening to repossess their car and furnishings. (Hint: Chapter 30). Questions: If the Browns file a petition in bankruptcy, what assets would they be able to retain as exempt from the claims of their creditors? Which of their debts could be discharged in a bankruptcy proceeding and which could not? What advantages and disadvantages would the Browns have if they filed under Chapter 7 as opposed to filing under Chapter 13? Is there anything the Browns should have done differently to protect their assets? Citation: Make sure to use the text and an outside source (internet, library source, magazine article. etc..) for support, citing in the APA style. Always use the text and at least 1 outside source each week when answering your question(s) in the discussion forum. There are examples in the Announcements and also posted in the Discussion forum. Include the retrieval date for internet site citation, as required by the APA style