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dora filed for chapter 13 bankruptcy in 2011. even if she planned to take the maximum time allowed under chapter 13 to repay her debts she must have planned to repay them by no later than what year

Respuesta :

Answer:

2016 apex approved

Step-by-step explanation:

Answer:

Dora must have planned to repay her debts no later than year 2016.

Step-by-step explanation:

When a person enters into a Chapter 13 bankruptcy case, he or she can reorganize his/her debts or unpaid mortgage or any other loan payment. This can be paid off between three to five years with five years being the maximum allotted time frame.

So, if Dora filed for chapter 13 bankruptcy in 2011, she must have planned to repay her debts no later than [tex]2011+5=2016[/tex]

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