This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: When a dismissal has been granted, any money or property that the trustee recovered for the benefit ... (Read 62 times)

BrownTown3

  • Hero Member
  • *****
  • Posts: 564
on: Aug 3, 2018
When a dismissal has been granted, any money or property that the trustee recovered for the benefit of the bankruptcy estate, as well as any funds collected for distribution to creditors that had not been disbursed at the time of the dismissal, are returned to the debtor.
 
  Indicate whether the statement is true or false

Question 2

The bankruptcy court or U.S. trustee may motion to dismiss the debtor's case if it is determined that granting relief would be considered a(n) ________ of the bankruptcy process.
 
  A) Presumption of abuse
  B) Substantial abuse
  C) Inconsequential abuse
  D) Slight abuse


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

atrochim

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Aug 3, 2018
Answer to Question 1

TRUE

Answer to Question 2

B


BrownTown3

  • Hero Member
  • *****
  • Posts: 564
Reply #2 on: Aug 3, 2018
TY


atrochim

  • Sr. Member
  • ****
  • Posts: 331
Reply #3 on: Aug 3, 2018
You're welcome


« previous next »
 

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Cat Got Money Cat Got Money
Summary of Coordination of Benefit Rules Summary of Coordination of Benefit Rules
Prestige can sometimes be converted into property. Shown here is “Snooki” Polizzi, a reality ... Prestige can sometimes be converted into property. Shown here is “Snooki” Polizzi, a reality ...
Distribution of the Property of Americans Distribution of the Property of Americans
Older Adults Benefit from Good Nutrition and Physical Activity Older adults Older Adults Benefit from Good Nutrition and Physical Activity Older adults
The Economics of Money, Banking and Financial Markets, Business School Edition The Economics of Money, Banking and Financial Markets, Business School Edition
Video: Role of ATP in muscle movement

For a complete list of videos, visit our video library