Question

Ann, a consumer, files for liquidation under Chapter 7. Beta, Inc., files for reorganization under Chapter 1 Carl, a farmer, files for bankruptcy under Chapter 12. Donna, a sole proprietor, files a repayment plan under Chapter 13. The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 was initiated as a response to an increase in filings by such persons as
a. Ann.
b. Beta, Inc.
c. Carl.
d. Donna.

Answer

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