Rick teaches at a university and is trying to declare bankruptcy but he fails the mean test. Which bankruptcy can he file? Chapter 7 Chapter 13 Chapter 12 Chapter 15
the answer is chapter 13. chapter 7 is not the right answer because in order to file for this kind of bankruptcy you have to pass the "means test". chapter 12 and 15 are also not right because they deal with something other than bancruptcy.
