REG – Involuntary bankruptcy – Minimum owed

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  • #192323
    Tux
    Member

    What is the minimum a debtor must owe to be forced into involuntary bankruptcy?

    Is it $14,425 or $15,325 ??

    FAR - 86 - 2/27/14
    AUD - 75 - 5/29/14
    BEC - 80 - 8/31/14
    REG - 89 - 2/27/15
    Praise Jesus! I'm done!!

    Study resources:
    Becker
    Wiley test bank

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  • #649376
    NJPRU
    Member

    It was 14,425 in 2013 and 15,325 in 2014 – I don't think Becker updated one of their MCQ questions either on the practice exam or in the actual MCQs. I forgot which.

    AUD: DONE
    FAR: DONE
    BEC: DONE
    REG: DONE

    IM GOING TO BE A CPA!!!!!

    #649377
    KMo_Knows
    Member

    It's 15,325, it should be updated on Becker's MCs

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