It is a legal proceeding that results in "wiping the slate clean and starting anew"; most of the debtor's obligations ar

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answerhappygod
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It is a legal proceeding that results in "wiping the slate clean and starting anew"; most of the debtor's obligations ar

Post by answerhappygod »

It is a legal proceeding that results in "wiping the slate clean and starting anew"; most of the debtor's obligations are eliminated in an attempt to put the debtor's financial affairs in order. What is it?

A. Personal bankruptcy
B. Straight bankruptcy
C. Wage earn plan
D. Both A and B
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