The simplest and cheapest form of business organization: Partnership Corporation Sole Proprietorship Trust National or intemationai government actions, labor problems, and factors which relate to the economy as a whole are examined in the analysis of Character Capital Conditions Collateral Capacity If a 1st time bankrupt with no surplus income follows through with their duties and there is no opposition, an automatic discharge will be granted within: 9 months 21 months 36 months. 24 months