TRUE/FALSE. any person eligible to be a debtor under a given bankruptcy proceeding may file a voluntary petition, but must be insolvent to do so. individual debtors must receive credit counseling before filing a bankruptcy petition under most circumstances. the bankruptcy code grants to u.s. district courts original and exclusive jurisdiction over all bankruptcy cases. a trustee in bankruptcy under chapter 7 may sell property included in the debtor's estate. a debt is an obligation to pay money owed by a debtor to a creditor.