Adelie is nineteen years old and about to buy her first car from Car Mart, a dealership that finances its own car loans. Adelie has found her perfect car, and at a great price - $7,000. Because Adelie does not have an established credit record, and her income is fairly low, Car Mart tells Adelie that she must have a co-signer to finance the car. Adelie's Aunt Gertrude agrees to co-sign on the car loan. After Adelie has made payments for six months, Adelie renegotiates the terms of the car loan, extending the payments for an additional twenty-four months. Adelie does not notify Aunt Gertrude of this change to the agreement. Six months later, Adelie stops making payments on the loan, leaving a remaining balance of $5,000. If Car Mart seeks payment from Aunt Gertrude without demanding payment from Adelie first: Aunt Gertrude will not have to pay because Car Mart must pursue Adelie for payment first. )Aunt Gertrude will not have to pay because there was a material modification in the loan terms. )Aunt Gertrude will have to pay because she is a surety on the loan. O Aunt Gertrude will have to pay because she is a guarantor on the loan.After an extended hospital stay, Jayla is drowning in debt. Jayla decides to file for bankruptcy, because she sees no other way out. Jayla owes $50,000 to Mercy Hospital, $3,000 to Car Mart for her automobile, and $8,000 to VISA. She is behind on payments to every single one of them! When Jayla's bankruptcy is concluded: O Mercy Hospital and VISA will be paid first because they are secured creditors. O Car Mart and Mercy Hospital will be paid first because they are secured creditors. O Car Mart will be paid first because it is a secured creditor. Car Mart and VISA will be paid first because they are secured creditors.Barron files a bankruptcy proceeding under Chapter 7 of the Bankruptcy Code. All of the property Barron owns at the time of the filing goes into the bankruptcy estate. Four months later, Barron's grandfather dies and Barron inherits $100,000. The money that Barron inherits from his grandfather: is community property and, therefore, part of the bankruptcy estate. O would be used specifically to pay unsecured creditors. O is after-acquired property that would become part of the bankruptcy estate. is after-acquired property that would not become part of the bankruptcy estate.Sylvia is really struggling with her finances. She is getting further and further behind on payments to all her creditors. Sylvia is determined, however, that she will not file bankruptcy. Some of Sylvia's creditors get together to discuss what they can do to force Sylvia to file bankruptcy so they can at least recover some of the funds owed to them. Sylvia owes money to eight different creditors. Sylvia's creditors can force her into an involuntary bankruptcy: O if one or more creditors having a claim of $15,775 or more files the involuntary bankruptcy petition. O if three or more creditors having unsecured claims of $15,775 or more file the involuntary bankruptcy petition. O if two or more creditors having a collective claim of $15,775 or more file the involuntary bankruptcy petition. under no circumstances; a bankruptcy petition can only be filed by the debtor.Angela is very far behind on her credit card payments! The interest keeps piling on month after month because Angela can only make the minimum payments. The balances on the cards are actually increasing each month instead of decreasing. Angela has a decent job but just doesn't make the kind of money needed to pay down her debt. Because Angela has a job and, therefore, a steady income, Angela's creditors want to force her to file a Chapter 13, so the trustee can make sure the creditors receive payment for at least part of the amount Angela owes them. If Angela's creditors attempt to file a Chapter 13 bankruptcy: they will not be successful unless they get Angela's approval on their petition. they will be successful if two or more creditors having a collective claim of $15,775 or more file the Chapter 13 petition. they will be successful if three or more creditors having unsecured claims of $15,775 or more file the Chapter 13 petition. O they will not be successful, because only the debtor can file a Chapter 13