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Chapter 13 Working Capital and Current Assets Management Learning Goals 1. Understand short term financial management, net working capital, and the related trade off between profitability and risk.
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Chapter 13, also known as jufiles, is a type of bankruptcy that allows individuals with regular income to develop a plan to repay all or part of their debts.
Individuals with regular income who have unsecured debts below a certain threshold and secured debts below a specific limit are typically eligible to file for Chapter 13 bankruptcy.
To fill out Chapter 13 bankruptcy forms, individuals must provide detailed information about their finances, debts, income, expenses, assets, and proposed repayment plan.
The purpose of Chapter 13 bankruptcy is to help individuals reorganize their debts and create a manageable repayment plan while keeping their assets.
Information such as income, expenses, debts, assets, and proposed repayment plan must be reported on Chapter 13 bankruptcy forms.
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