Which of the Following Is NOT a Requirement for an Involuntary

question 24

Multiple Choice

Which of the following is NOT a requirement for an involuntary Chapter 7 bankruptcy petition?

• A)The debtor must owe at least $50,000 in unsecured claims to the creditors who file.
• B)The debtor must have at least two creditors join in the petition if the debtor has 10 or more creditors.If the debtor has fewer than 10 creditors, any single creditor or group can file a petition.
• C)The debtor's debts must be secured.
• D)None of the above is a requirement for an involuntary Chapter 7 bankruptcy petition.

---

Definitions:

Heavy-Duty Truck

A classification of trucks designed for the commercial transport of heavy goods, characterized by large payload capacities.

Engine Rpm

A measurement indicating how many times the engine's crankshaft completes a full rotation every minute, crucial for assessing performance.

Intelli-Check

A monitoring or diagnostic tool designed to intelligently check and report the status or condition of a particular system or component.

Diagnostic Tool

A device or software used to identify and troubleshoot problems in various systems, like vehicles or computers.