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5.Bankruptcy under Chapter 13 differs from Chapter 11 in that: a. an individual cannot use Chapter 11. b. a corporation cannot use Chapter 13. c.
5.Bankruptcy under Chapter 13 differs from Chapter 11 in that:
a. | an individual cannot use Chapter 11. | |
b. | a corporation cannot use Chapter 13. | |
c. | Chapter 11 cannot be instituted by involuntary petition. | |
d. | Chapter 13 requires unsecured debts to be less than $100,000. | |
e. | Two of the above, (c) and (d) |
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