If a person becomes employed during their bankruptcy period and makes over a specific net income (threshold level), the money above that level is
A) surplus income and must be paid to the trustee to be distributed to the creditors
B) surplus income and 50% must be paid to the trustee to be distributed to the creditors
C) surplus income and 25% must be paid to the trustee to be distributed to the creditors
D) surplus income and it will be used to pay any preferred creditor still owed money
E) earned income and it cannot be taken by the trustee
B
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Indicate whether the statement is true or false
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Fill in the blank(s) with the appropriate word(s).