QUESTION 9 Under Chapter 11, a plan to conserve and administer the debtor's assets must be submitted for acceptance and confirmation to a. the creditors and the court. b. the creditors only. c. the court only. d. the debtor only. QUESTION 10 To qualify under Chapter 7, a debtor must complete a means test to determine whether the debtor has been living within his or her means. o True o False QUESTION 11 In a Chapter 11 proceeding, for an individual debtor, the court may order discharge at any time after the plan is confirmed. o True O False QUESTION 12 An individual debtor is not entitled to exempt any property from a Chapter 7 proceeding. o True o False QUESTION 13 In addition to financial statements, each voluntary petition in bankruptcy must include a. a creditors' agreement allowing the debtor to continue in business. b. a certificate proving the receipt of credit counseling. c. a plan outlining how debt payments will be made. d. a statement of preference for one creditor over another. QUESTION 14 Under Chapter 7, the primary effect of a discharge is to a. void a judgment on a discharged debt and prohibit an action to collect it. b. force a creditor to obtain a new judgment on a discharged debt. c. allow a creditor to collect a previous judgment on a discharged debt. d. extend the time for the debtor's payment of overdue debts. QUESTION 15 One of the Bankruptcy Code's main goals is to ensure preferential treatment of certain creditors who are competing for a debtor's assets. o True o False