Lulu joins with other creditors to force Mikhail, a debtor, into bankruptcy. One of the goals of bankruptcy law with respect to creditors is to
A. ensure that creditors will continue to lend to insolvent debtors.
B. protect creditor assets from diminution in value.
C. provide equitable treatment in the competition for debtor assets.
D. make all debtor property available for creditor claims.
Answer:C
Lulu joins with other creditors to force Mikhail, a debtor, into bankruptcy. One of the goals of bankruptcy law with respect to creditors is to
A. ensure that creditors will continue to lend to insolvent debtors. B. protect creditor assets from diminution in value. C. provide equitable treatment in the competition for debtor assets. D. make all debtor property available for creditor claims.