What Will the Courts Do If You File Chapter 7

question 86

Multiple Choice

What will the courts do if you file Chapter 7 personal bankruptcy?

• A)Confiscate most of your assets.
• B)Liquidate most of your assets to pay off creditors.
• C)Eliminate most of your debts.
• D)Allow you a chance to start again financially.
• E)all of the above

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Definitions:

Déjà Vu

A feeling of having already experienced the present situation.

Jamais Vu

The sensation of seeing or experiencing something for the first time, despite logically knowing you have encountered it before.

Dissociative Amnesia

A mental health disorder characterized by the inability to recall important personal information, usually after a traumatic or stressful event, that cannot be explained by ordinary forgetfulness.

Psychodynamic Therapy

A form of depth psychology, its primary focus is to reveal the unconscious content of a client's psyche in an effort to alleviate psychic tension.