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Students
High School Students
Financial Aid 101
Financial Literacy Standards (PFL)
College
Budgeting
Credit Management
Financial Aid 101
Identity Theft Prevention
Living on Less
Saving
Student Loan Management
Adult Learners
Achieving Financial Success
Budgeting
College Planning
Credit
Getting Out of Debt
Identity Theft Prevention
Saving
Student Loan Repayment
Student Loan Borrowers
Consolidation, Discharge & Forgiveness
Delinquency & Default
Loan Options
Loan Servicer
Repayment Process
Parents
College Planning
Protecting Your Child’s Identity
Providing an Allowance
Student Loan Management
Teaching Your Children About Money
K-12 Educators
Financial Literacy Standards
Financial Aid 101
Financial Literacy Activities
College Planning Resources
Campus Professionals
Budgeting
Saving
Credit Management
Identity Theft Prevention
Living on Less
Student Loan Management
Financial Aid 101
OKMM – Bankruptcy Quiz
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Step
1
of
6
- Question 1
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How would you like to take this quiz?
(Required)
Just practicing
Track for my class
Email Address
(Required)
Your quiz scores will be saved. When you finish all quizzes in a topic, your teacher will receive a summary of your results.
It's better to file for bankruptcy without the help of a lawyer.
(Required)
True
False
What is bankruptcy?
(Required)
An agreement between a lender and a borrower in which the borrower pays a portion of a loan balance and the lender forgives the remainder
When a lender forgives or erases some or all of your debt
A way to combine your debts into one manageable payment
A legal process that can provide relief that may have lasting effects on your credit score
Experts agree that it's best to keep the utilization rate on your credit card below 30%. What's a utilization rate?
(Required)
Your FICO score
The length of your credit history
The percentage of available credit you're using
The credit mix of your different credit accounts
Which form of bankruptcy is known as a reorganization bankruptcy?
(Required)
Chapter 13
Chapter 21
Chapter 7
Chapter 11
What is Chapter 7 bankruptcy also called?
(Required)
Liquidation
Wage Earner's Plan
Debt Consolidation
Reorganization
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