Business Law Chapter 32 2 which of the following are permitted to file under chapter 11 reorganization

subject Type Homework Help
subject Pages 12
subject Words 924
subject Authors Carrie Williamson, Daniel Herron, Linda Barkacs, Lucien Dhooge, M. Neil Browne, Nancy Kubasek

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page-pf1
29.
(p. 706)
By filing a[n] ______ petition under Chapter 7, creditors can attempt to force a debtor into
bankruptcy.
page-pf2
30.
(p. 707-708)
Under which of the following may a court presume that an individual is abusing
the bankruptcy provisions of Chapter 7 when an individual's debt is primarily consumer debt and
the individual's income is above the median income in his or her state?
page-pf3
31.
(p. 709)
Which of the following, if any, is a moratorium for almost all creditor litigation against a
debtor in a Chapter 7 bankruptcy?
page-pf4
32.
(p. 709)
Which of the following is
false
regarding actions that may be taken while an automatic
stay is in effect in a Chapter 7 proceeding?
page-pf5
33.
(p. 709)
Which of the following is true regarding the effect of an automatic stay on claims of
secured creditors in a Chapter 7 proceeding?
page-pf6
34.
(p. 709)
Which of the following means that bankruptcy relief is ordered and that the bankruptcy
proceedings can continue?
page-pf7
35.
(p. 710)
Which of the following is
false
regarding rights of a trustee in a Chapter 7 bankruptcy?
page-pf8
36.
(p. 710)
Which of the following is a meeting of all creditors listed in the Chapter 7 required
schedules for liquidation?
37.
(p. 710)
Who calls the creditors' meeting in a Chapter 7 proceeding?
page-pf9
38.
(p. 710)
How is a determination made regarding the identity of the trustee in a Chapter 7
proceeding?
page-pfa
39.
(p. 712-713)
Which of the following is a payment made by an insolvent debtor that gives
preferential treatment to one creditor over another?
page-pfb
40.
(p. 713)
For how many days prior to the filing of a Chapter 7 bankruptcy petition is a debtor
assumed insolvent?
page-pfc
41.
(p. 714)
A[n] ______ is a written federal court order signed by a bankruptcy judge stating that the
debtor is immune from creditor actions to collect debts.
page-pfd
42.
(p. 706)
Which of the following is true regarding who may receive a discharge of debt under
Chapter 7 of the bankruptcy code?
page-pfe
43.
(p. 715)
Which of the following is
false
regarding nondischargeable debts under a Chapter 7
bankruptcy filing?
page-pff
44.
(p. 716-717)
Which of the following was the result in
Margaret Kawaauhau v. Paul W. Geiger
,
the case in the text in which the plaintiff claimed that the defending doctor, who had no
malpractice insurance, could not discharge in bankruptcy a judgment for malpractice on the basis
that he deliberately chose less effective treatment to cut costs while knowing that he was
providing substandard care.
page-pf10
45.
(p. 718)
Which of the following is an agreement by which the debtor agrees to pay a debt even
though it could be discharged?
page-pf11
46.
(p. 718)
Which of the following are permitted to file under Chapter 11 reorganization?
page-pf12
47.
(p. 719)
Which of the following is true regarding the number of creditors who must vote to accept
a reorganization plan under a Chapter 11 proceeding?

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