Under Chapter 13, All Debts Are Dischargeable

question 62

True/False

Under Chapter 13, all debts are dischargeable.

---

Definitions:

Reinvesting Dividends

The process of using dividend payments to purchase more shares of the same stock.

Declaration Date

The date on which a company's board of directors announces its next dividend payment.

Board of Directors

A group of individuals elected by shareholders to oversee the management and major decisions of a corporation.

Dividend Payment

The distribution of a portion of a company's earnings to its shareholders, usually in the form of cash or additional stock.