Dale is a spendthrift who did not follow the debt management plan his cfp® practitioner, jim, developed for him. dale also ignored jim’s advice and took out a home equity line of credit last year. he borrowed $60,000 from the heloc to build a boat dock to keep his boat docked at his home. he also bought a new pick-up truck this year financed with a loan from the dealer to tow his boat to his favorite fishing spots. his credit card balance is $40,000 and dale is behind in all of his debt payments. he has decided to file a petition for bankruptcy to discharge his debts. a. dale will be able to keep all of his personal assets, but he is obligated to repay his debts in full, over a period of time. b. dale will be subjected to a means test if his income exceeds his limits state's median income c. an automatic stay will be issued that will stop dale's creditors from attempting to collect what is owed to them. d. a trustee will sell some of dale's personal property to repay his creditors.