When individuals file for bankruptcy in the USA they file under this section of the Uniform Commercial Code.
- Chapter 19
- Chapter 7
- Chapter 13
- Chapter 11
Answer
The correct answer is C) Chapter 13.
More World questions
- Although he never filed for bankruptcy, this very smart and very great American President left a $107,000 debt for his heirs.
- What is the real first name of Screech Diamond of Saved by the Bell fame, who was forced to declare bankruptcy due to the loss of hundreds of thousands of dollars?
- This blond beauty, born in Athens, Georgia in 1953, made millions as a movie star but went bankrupt due, in part, to her purchase of the entire town of Baselton, Georgia.
- She was a very popular singer with many corporate sponserships. Her open antagonism to homosexuals led to the loss of these sponsorships and singing success.
- Two Out of Three [one might say ] Aint Bad, but this singer/actor had a $1,600,000 debt in 1983.
- This man (along with his half-brother) tried to corner the worlds silver market. His failure led to his bankruptcy.