Karen has filed for bankruptcy. Who has the authority to confirm or reject a plan of payment, and what factors will be considered when deciding whether to approve a repayment plan under Chapter 13?

What will be an ideal response?


The court has the sole authority to confirm or reject the plan of payment. Creditors have no voting rights. However, the court will ensure the following:?

?the creditors have the opportunity to voice their objections at a hearing?all of the unsecured creditors receive at least as much as they would have under a Chapter 7 filing?the plan is feasible and the bankrupt will be able to make the promised payments?the court must have a good reason to allow a plan to extend beyond three years and in no event can it last longer than five years?the debtor is acting in good faith, making a reasonable effort to pay obligations
?

Business

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A) Price escalation B) Transfer pricing C) Dumping D) Competitive pricing

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Every business must manage its costs, but not every business can have a cost advantage

Indicate whether the statement is true or false

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BD Biosciences manufactures advanced Flow Assisted Cell Sorters (FACS), a complex machine

used to sort different types cells. BD Biosciences offers free, hands-on courses to all customers as the number of people using the advanced features of FACS machines are few. What sort of differentiation is this product associated service? A) delivery B) customer training C) maintenance and repair D) ordering ease

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You will write more creatively and efficiently if you edit while composing your first draft

Indicate whether the statement is true or false

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