"Chapter 13" form of bankruptcy allows a debtor with a regular income to extinguish his or her debts from future earnings or other property over a period of time.
<h3>What is chapter 13 form?</h3>
An individual with steady income may alter their debts under this chapter of the Bankruptcy Code. Generally three to five years, Chapter 13 enables a debtor to maintain their assets while paying down their debts.
The benefits of filling chapter 13 form:
- You might be able to extend the time you pay off your debt, lower the amount you pay each month, or give up a piece of property you're paying off.
- Additionally, after you successfully finish a Chapter 13 repayment plan, certain creditors can no longer require full payment from you.
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Answer:
9.63%
Explanation:
Calculation of Mutual Fund rate of return that the investor receive on the fund last year
Using this formula
Rate=(Fund's NAV -NAV per share +Income distributions+ Capital gain distributions )
Let plug in the formula
Where:
Fund's NAV =$19.14
NAV per share=$19.00
Income distributions=.57
Capital gain distributions =1.12
Hence
Rate =($19.14 - 19.00 + .57 + 1.12) / $19.00
=1.83/$19.00
=0.0963×100
Rate = 9.63%
Therefore without considering taxes and transactions costs, the rate of return that the investor receive on the fund last year will be 9.63%
Weak regulation and supervision mean that financial institutions are at risk, especially if market behavior is weakened by the existence of a government safety net.
<h3>What are the causes and effects of a financial crisis?</h3>
The factors contributing to the financial crisis include systemic failure, unforeseen or uncontrollable human behavior, high-risk incentives, lack of control or failure, or infections that can spread the spread of virus-like problems from one institution or country to another.
Thus, this is the way weak financial regulation and supervision play in causing financial crises.
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2121211212122121212121212
Explanation:
21