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question 13

Multiple Choice

Use the following to answer questions:
Select the word or phrase from the Terms section that best matches the definition or example provided in the Definitions section.
Terms
-Term commonly used for people of mixed African and European blood.


Definitions:

Adjust Debts

The process of renegotiating or modifying the terms of debts to make them more manageable for the debtor.

Chapter

A division or section of a document, book, or legal code, often numbered or titled to indicate the topic of a particular segment.

Chapter 13 Repayment Plan

A legal process in the U.S. bankruptcy system that allows individuals with regular income to reorganize their debts and pay them off over a three to five-year period.

Creditors

Persons or entities to whom money is owed by debtors or borrowers.

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