This topic contains a solution. Click here to go to the answer

Author Question: When a dismissal has been granted, any money or property that the trustee recovered for the benefit ... (Read 56 times)

BrownTown3

  • Hero Member
  • *****
  • Posts: 564
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
Answer to Question 1

TRUE

Answer to Question 2

B





 

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

For a complete list of videos, visit our video library