Under Chapter 13, a Plan May Provide for the Payment

question 46

True/False

Under Chapter 13, a plan may provide for the payment of an amount less than 100 percent of the debtor's total obligations.

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Definitions:

Grievance Procedures

Refers to the formal steps taken by an organization to address complaints or disputes from employees.

Workplace Disputes

Conflicts or disagreements that arise in the course of employment, often involving issues such as wages, conditions, or treatment of workers.

Arbitration

A method of dispute resolution where a neutral third party, the arbitrator, makes decisions to resolve a dispute outside of court.

Steelworkers Trilogy

A set of three Supreme Court decisions in the 1960s that strengthened the use of arbitration for settling disputes between unions and employers.