Which of the Following Statements About Homelessness Is TRUE

question 65

Multiple Choice

Which of the following statements about homelessness is TRUE?

• A)Most homeless adults are mentally ill.
• B)Most homeless adults are substance abusers.
• C)The elderly are the fastest-growing category of the homeless.
• D)One-third of all homeless people are entire families.

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Definitions:

Debtor's Total Obligations

This encompasses all debts and financial commitments that a debtor is responsible for repaying, including loans, bills, and other liabilities.

Chapter 13

Chapter 13 refers to a bankruptcy chapter under the U.S. Bankruptcy Code that allows individuals with a regular income to develop a plan to repay all or part of their debts under court supervision.

Debtor Retains Possession

A situation in which an individual or entity that owes money is allowed to keep possession of the collateral or property tied to the debt.

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.