The main goals in bankruptcy are to: take all of the debtors property and assets to satisfy
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- take all of the debtors property and assets to satisfy outstanding indebtedness
- maintain a viable economy
- protect a debtor by providing a fresh start and ensuring the equitable treatment of creditors
- punish a debtor for careless and reckless spending
Related Book For
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
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