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1.
(p. 702)
The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 included only
minor changes to bankruptcy law.
2.
(p. 705)
Before a debtor files for one specific type of relief, the clerk of courts must give the
debtor written notice of the other types of relief available.
3.
(p. 706)
Under Chapter 7, liquidation may be voluntary but not involuntary.
4.
(p. 706)
Assets that a debtor gains after filing a voluntary Chapter 7 bankruptcy petition are
generally not part of the bankruptcy estate unless they fall under an exemption.
5.
(p. 706)
A debtor must be insolvent to file a voluntary petition for bankruptcy under Chapter 7.
6.
(p. 710)
In a Chapter 7 proceeding, a bankruptcy trustee may at times take over a debtor's
business.
7.
(p. 710)
If a debtor fails to appear at the Chapter 7 creditors' meeting, the court may refuse to
grant the bankruptcy.
8.
(p. 719)
Chapter 11 reorganization may be involuntary but not voluntary.
9.
(p. 719-720)
One of the requirements before a collective bargaining agreement can be rejected
under Chapter 11 is that the debtor has first presented to the employee's representative the
proposed changes to the collective bargaining agreement, and the employees reject the changes
without good cause.
10.
(p. 721)
Some debts that are dischargeable under Chapter 13 are not dischargeable under
Chapter 7.
11.
(p. 711)
Retirement funds in an IRA are not exempt in a Chapter 7 bankruptcy proceeding.
12.
(p. 707)
Which of the following did the court determine in
In
re Holsinger
, the case in the text in
which the debtor requested a waiver of debt-counseling under the Bankruptcy Abuse Prevention
and Consumer Protection Act?
13.
(p. 702)
Which of the following is a term used in bankruptcy for debtors who cannot pay their
debts in a timely fashion?
14.
(p. 702)
Congress first addressed bankruptcy relief in the ____.
15.
(p. 702)
In which of the following did Congress make comprehensive changes to bankruptcy law?
16.
(p. 703)
Which of the following chapters is used for a sale of a debtor's assets by a trustee and
the distribution of money to creditors?
17.
(p. 703)
Which of the following chapters is used as a reorganization of the debtor's financial
affairs under supervision of the bankruptcy court?
18.
(p. 703)
Which of the following chapters recognizes insolvency proceedings pending in a foreign
country and relief for foreign debtors?
19.
(p. 703)
Which of the following titles of the United States Code contains the Bankruptcy Code?
20.
(p. 703)
Which of the following is true regarding the law that is relevant to bankruptcy claims?
21.
(p. 704)
Which of the following is
false
regarding bankruptcy cases?
22.
(p. 702)
Which of the following is
false
regarding provisions of the Bankruptcy Abuse Prevention
and Consumer Protection Act of 2005?
23.
(p. 705)
Which of the following is called straight bankruptcy?
24.
(p. 705)
Which of the following occurs when a debtor turns over all assets to a trustee?
25.
(p. 705)
Which of the following is an individual who takes over administration of the debtor's
estate?
26.
(p. 706)
Which of the following is considered a debtor eligible for Chapter 7 relief in bankruptcy?
27.
(p. 706)
Once a voluntary liquidation proceeding under Chapter 7 is filed, the debtor's prepetition
assets form the ____.
28.
(p. 706)
Which of the following is
false
regarding bankruptcy proceedings in Spain?
