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In the Sample Internal Proposal Presented at the End of Chapter

question 17

Essay

In the sample internal proposal presented at the end of Chapter 16, what are the authors proposing to do?


Definitions:

Chapter 13

A type of bankruptcy under U.S. law that allows individuals with a regular income to develop a plan to repay all or part of their debts.

Chapter 13 Proceeding

A type of bankruptcy process in the United States that allows individuals with regular income to develop a plan to repay all or part of their debts.

Chapter 11

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

Chapter 7

A provision under the United States Bankruptcy Code dealing with the process of liquidation under the bankruptcy laws.

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