Ask Question
22 August, 16:39

A couple has two children. They live in Missouri and have a combined annual income of $96,730. The couple has a mortgage, a car loan, student loans, and credit card debt. When one of them loses employment, their monthly income is reduced by $2,100. If they felt the need to file for bankruptcy, which of the following statements is true?

+5
Answers (1)
  1. 22 August, 16:50
    0
    I'm going to guess, but i would say the best answer would be B. They could file for Chapter 7 bankruptcy and discharge most of their debt.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “A couple has two children. They live in Missouri and have a combined annual income of $96,730. The couple has a mortgage, a car loan, ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers