Question

Savannah filed for chapter 13 bankruptcy in 2007. even if she planned to take the maximum time allowed under chapter 13 to repay her debts, she must have planned to repay them by no later than what year?

Answer 1

2012

Explanation:

I just got it correct

Answer 2

The answer is - Savannah must have planned to repay her debts by no later than year 2012.

Explanation:

When a person enters into a Chapter 13 bankruptcy case, he can reorganize his debts or unpaid mortgage or any other loan payment. This can be paid off between three to five years with five years being the maximum allotted time frame.

Therefore, Savannah can pay by the year
`2007+5=2012`

The answer is year 2012.