What are the objectives of the bankruptcy law in the US? - ProProfs Discuss
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What are the objectives of the bankruptcy law in the US?



A. Provide relief for the court system and ensure that all debtors are treated the same
B. Distribute assets fairly and discharge honest debtors from their obligations
C. Protect the economy and stimulate growth
D. Prevent insolvency and protect shareholders

This question is part of 425 Exam 4
Asked by Zdavis, Last updated: Dec 18, 2019

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zdavis

Zdavis

Answered Mar 07, 2018

Distribute assets fairly and discharge honest debtors from their obligations
 

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