Jill believes that she should file a plan for a Chapter 13 discharge in bankruptcy. A Chapter 13 bankruptcy plan must provide for
A. the completion of all payments to all creditors within six years.
B. the payment of 100 percent of all obligations in full.
C. the surrender of all collateral to the creditors.
D. the turnover of the debtor’s future income to the trustee.
Answer:C
Jill believes that she should file a plan for a Chapter 13 discharge in bankruptcy. A Chapter 13 bankruptcy plan must provide for
A. the completion of all payments to all creditors within six years. B. the payment of 100 percent of all obligations in full. C. the surrender of all collateral to the creditors. D. the turnover of the debtor’s future income to the trustee.