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Chapter 11, reorganization, permits debtors to A. keep their homes. B. receive an immediate discharge of debts. C. stay in business. D. re-obtain a previously repossessed car.
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Asked 2/9/2012 5:42:22 PM
Updated 9/30/2016 2:29:31 AM
1 Answer/Comment
This answer has been confirmed as correct and helpful.
Edited by Andrew. [9/30/2016 2:29:29 AM], Confirmed by Andrew. [9/30/2016 2:29:31 AM]
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User: Chapter 11, reorganization, permits debtors to A. keep their homes. B. receive an immediate discharge of debts. C. stay in business. D. re-obtain a previously repossessed car.

Weegy: Chapter 11, reorganization, permits debtors to stay in business.
Expert answered|debnjerry|Points 26706|

User: In Chapter 7 bankruptcy, liquidation, A. all the debtors' debts are discharged. B. the debtor keeps their assets. C. the trustee sells off the debtor's assets and pays creditors. D. the debtor pays the creditors directly.

Question
Asked 2/9/2012 5:42:22 PM
Updated 9/30/2016 2:29:31 AM
1 Answer/Comment
This answer has been confirmed as correct and helpful.
Edited by Andrew. [9/30/2016 2:29:29 AM], Confirmed by Andrew. [9/30/2016 2:29:31 AM]
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In Chapter 7 bankruptcy, liquidation, the trustee sells off the debtor's assets and pays creditors.
Added 9/29/2016 3:19:11 AM
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [9/30/2016 2:30:00 AM]
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Payroll is best defined as A. payment for machines used by a business. B. wages and benefits paid to employees. C. the cost of buildings and tools. D. the price charged by the competition.
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Updated 5/22/2014 8:03:56 PM
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Payroll is best defined as wages and benefits paid to employees.
Added 5/22/2014 8:03:56 PM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [5/22/2014 8:08:02 PM], Rated good by jeifunk
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