Liquidation or Chapter 7 bankruptcy, provides for a sell-off of any nonexempt property for cash on the debtor's behalf.
What is Bankruptcy?
Bankruptcy refers to a legal proceeding that involves a person or business that is unable to repay its outstanding debts.
Liquidation or Chapter 7 bankruptcy provides for a sell-off of any nonexempt property for cash on the debtor's behalf.
Therefore, D is the correct option.
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