Answer (C) is correct . Individual debtors may receive a discharge under Chapter 7 from most debts that remain unpaid after distribution of the debtor’s estate. However, corporations and partnerships are merely liquidated. They are not eligible for a Chapter 7 discharge.
Answer (A) is incorrect because Individuals but not corporations and partnerships may receive a discharge.
Answer (B) is incorrect because Individuals but not corporations and partnerships may receive a discharge.
Answer (D) is incorrect because Individuals but not corporations and partnerships may receive a discharge.
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