Sherry and Don are having both financial and marital problems. They are considering bankruptcy and divorce as possible solutions. Which of the following is true?
a. Chapter 7 is faster, but they need a high asset/debt ratio to pass the means test.
b. Chapter 14 is faster, but they need a high asset/debt ratio to pass the means test.
c. Chapter 7 is faster, but they need a high debt/asset ratio to pass the means test.
d. Chapter 14 is faster, but they need a high debt/asset ratio to pass the means test.
c
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