Question 13 Under Chapter 13 of the Bankruptcy Act. the petition may be voluntary or...

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Question 13 Under Chapter 13 of the Bankruptcy Act. the petition may be voluntary or involuntary no debt extensions are permitted. no plan may be approved if n ecured creditor objects no trustee is appointed D Question 14 2 pts A Chapter 13 of the Bankruptcy Code provides an advantage to the debtor by which: the debtor is not obligated to reveals assets. unsecured creditors are not recognized as valid creditors. the debtor can avoid the stigma of bankruptcy by getting the opportunity to pay the debts in installments under the protection of the Federal Courts. the Court does not appoint a trustee as it relies on the good faith of the debtor for the settlement of all debts Question 15 2 pts Under chapter 12 of the Bankruptcy Act: the debtor is usually permitted for rust ease to operate the farm

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