Author Question: A secured creditor may file a motion for relief from the Automatic Stay if there is very little ... (Read 67 times)

storky111

  • Hero Member
  • *****
  • Posts: 561
A secured creditor may file a motion for relief from the Automatic Stay if there is very little equity in the collateral or evidence that the debtor will have difficulty continuing to make payments on the loan.
 
  Indicate whether the statement is true or false

Question 2

Motions for relief from Automatic Stay filed by unsecured creditors such as recipients of domestic support, are more likely to be seen in Chapter ________ cases.
 
  A) 11
  B) 12
  C) 13
  D) 7
  E) 9



shaquita

  • Sr. Member
  • ****
  • Posts: 324
Answer to Question 1

TRUE

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

For a complete list of videos, visit our video library