Under Chapter 7, Once the Proceeds of the Bankruptcy Estate

question 52

Multiple Choice

Under Chapter 7, once the proceeds of the bankruptcy estate have been distributed, all or most of the debtor's remaining debts

• A) are discharged .
• B) paid by the court.
• C) renewed without legal action as obligations of the debtor .
• D) subject to legal actions to recover any unpaid amounts.

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Definitions:

Prematurely

Occurring or done before the usual or proper time, often implying a negative outcome or risk.