Business, 08.03.2021 05:30, xelynncaldera

1. In a bankruptcy, the assets are turned over to a , who is appointed by the court to manage the assets. The assets are sold and the proceeds are distributed to the creditors. If any debt still exists after this distribution, the court will the remaining debt,
with certain exceptions.
Fill in the blanks with words that would best complete the passage.
nonexempt trustee Chapter 7 manager debtor Chapter 11 settle discharge exempt creditor
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1. In a bankruptcy, the assets are turned over to a , who is appointed by the court to manage the as...