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

Author Question: When Dudley files his Chapter 7 petition, he lists the following debts: a. 25,000 in back child ... (Read 136 times)

folubunmi

  • Hero Member
  • *****
  • Posts: 524
When Dudley files his Chapter 7 petition, he lists the following debts: a. 25,000 in back child support and alimony. b. 15,000 for liabilities incurred after drinking and driving. c. 10,000 for past-due student loans. d. 5,000 for past-due rent to his landlord. e. 550 for a past-due phone bill. How will each of these debts be treated by the bankruptcy court.

Question 2

The first bill passed by the U.S. Congress defining the legal liability of an ocean carrier for the care of its cargo was:
 A) The Hague Rules.
 B) The Uniform Commercial Code.
 C) The Convention on the International Sale of Goods.
 D) The Harter Act.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Sassygurl126

  • Sr. Member
  • ****
  • Posts: 320
Answer to Question 1

Certain debts are never discharged and the debtor is fully liable for the debts even after receiving a discharge from the bankruptcy court. These types of debts are generally denied a discharge based on public policy reasons. In this example, the child support and alimony, the liabilities for operating a motor vehicle while under the influence, and school loans guaranteed by the government (unless undue hardship can be established) are nondischargeable debts. Bankruptcy has no effect on these debts. The unpaid rent and phone bill generally will be discharged.

Answer to Question 2

D




folubunmi

  • Member
  • Posts: 524
Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review


kalskdjl1212

  • Member
  • Posts: 353
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

For a complete list of videos, visit our video library