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Blake was the owner of an up - and - coming financial advisory firm. He made millions of dollars until the market collapsed. He has

Blake was the owner of an up-and-coming financial advisory firm. He made millions of dollars until the market collapsed. He has been unemployed for the last three years and has no source of income other than a few odd jobs. He has unsecured credit card debt of $400,000 and secured debt in a home and car for $2,000,000. What type of bankruptcy would be best for him?
a. Chapter 7
b. Chapter 11
c. Chapter 13
d. No bankruptcy would be available to Blake

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