____________________ ____________________ Is the Amount of Money One Earns Before

question 56

Short Answer

____________________ ____________________ is the amount of money one earns before any deductions are made.

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Definitions:

Chapter 11

A provision of the United States Bankruptcy Code that permits reorganization under the bankruptcy laws of the United States.

Debtor's Assets

The property or funds owned by a debtor that may be used or taken to repay debts.

Repayment-plan Bankruptcy

A bankruptcy procedure that involves restructuring a debtor's payment obligations to pay off debts over time, under court supervision.

U.S. Trustee

A government official who performs administrative tasks that a bankruptcy judge would otherwise have to perform.