To provide relief to debtors who are unable to repay their debts.

To protect creditors from losing money when a debtor files for bankruptcy.

To ensure that bankruptcy proceedings are fair and equitable for all parties involved.

To discourage individuals and businesses from filing for bankruptcy.

Chapter 7

Chapter 11

Chapter 12

Chapter 13

In Chapter 7, the debtor's assets are liquidated and the proceeds are distributed to creditors, while in Chapter 13, the debtor is allowed to keep their assets and repay their debts over time.

In Chapter 7, the debtor is required to file a petition with the bankruptcy court, while in Chapter 13, the debtor is not required to file a petition.

In Chapter 7, the debtor is required to attend a meeting of creditors, while in Chapter 13, the debtor is not required to attend a meeting of creditors.

In Chapter 7, the debtor is required to pay a filing fee, while in Chapter 13, the debtor is not required to pay a filing fee.

The debtor must have a regular income.

The debtor must have a certain amount of debt.

The debtor must have filed for bankruptcy in the past.

The debtor must be unable to repay their debts.

The debtor must have a regular income.

The debtor must have a certain amount of debt.

The debtor must have filed for bankruptcy in the past.

The debtor must be unable to repay their debts.

The debtor must file a petition with the bankruptcy court.

The debtor must attend a meeting of creditors.

The debtor must submit a plan to repay their debts.

All of the above.

The debtor's credit score will be damaged.

The debtor may lose their job.

The debtor may be required to sell their assets.

All of the above.

The debtor can discharge their debts.

The debtor can stop creditor harassment.

The debtor can get a fresh start.

All of the above.

Bankruptcy is only for poor people.

Bankruptcy is a sign of failure.

Bankruptcy will ruin your credit score forever.

All of the above.

Raising the eligibility criteria for filing for bankruptcy.

Making it more difficult for debtors to discharge their debts.

Reducing the amount of time that debtors have to repay their debts.

All of the above.

Bankruptcy reform will help to reduce the number of people who file for bankruptcy.

Bankruptcy reform will help to protect creditors from losing money.

Bankruptcy reform will help to ensure that bankruptcy proceedings are fair and equitable for all parties involved.

All of the above.

Bankruptcy reform will make it more difficult for people to get a fresh start.

Bankruptcy reform will discourage people from seeking credit.

Bankruptcy reform will lead to an increase in foreclosures and evictions.

All of the above.

Bankruptcy reform is likely to be a major issue in the next presidential election.

Bankruptcy reform is likely to be debated in Congress in the coming years.

Bankruptcy reform is likely to be implemented in the near future.

None of the above.

The National Bankruptcy Center

The American Bankruptcy Institute

The United States Bankruptcy Court

All of the above.

Read articles and blog posts about bankruptcy reform.

Watch news reports about bankruptcy reform.

Talk to a bankruptcy attorney.

All of the above.