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Ivanshal [37]
3 years ago
7

Describe the personal assets that are protected under Chapter 13. Describe the basic eligibility requirements for filing under C

hapter 13.\
Business
1 answer:
aleksandrvk [35]3 years ago
5 0

Both the state and the federal law define the exempt (protected) assets of chapter 13, so they may change from one state to another, but the following are the most basic ones, they are regulated by federal law, and considered common in all the 50 states:

<span>- </span>Family homes (homestead)

<span>- </span>Cars

<span>- </span>Household items

<span>- </span>Household furniture

- Personal items like clothes and jewelry

The main condition to be eligible for chapter 13 is demonstrate to the court that you have enough income after subtract basic allowed expenses and obligatory payments on secured debts. The main idea behind chapter 13 is the reorganization of your assets and create a repayment plan to pay back your debts usually over a period of 3 to 5 years. Another condition is that your debt cannot exceed $1’184.200 and you must be current in your income taxes.

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Sergeu [11.5K]

Answer:

The answer is: D) Persons quitting part-time jobs to look for full-time ones

Explanation:

In order for an individual to be considered unemployed, some requisites must be met:

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If individuals who have part time jobs (part time jobs are considered employment) quit to look for full time jobs. This is a type of frictional unemployment; when someone quits his job in order to search a better job.

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3 years ago
Par value is the dollar value that an investor must pay in order to purchase preferred stock.
Vesnalui [34]
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3 years ago
The primary difference between a change in supply and a change in the quantity supplied is: Select an answer and submit. For key
kipiarov [429]

Answer:

D

Explanation:

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A change in supply is caused by other factors other than price. Some of these factors include :

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A change in supply leads to a movement outward or inward

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2 years ago
In organizational change, unfreezing can occur by:
vredina [299]

Answer: b. increasing the driving forces.

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Driving forces analysis (DFA) this are ways used in understanding and accounting for changes in industrial level. The drivers used for this are clusters of trends which directly or collectively have influence on changes occurring in an industrial structure and a rival's competitive conduct. The word force used here is used to show that the said drivers can materially impact the firm's future.

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