Author Question: Paralegals must be aware of the time limitations under which the trustee or creditors may have to ... (Read 66 times)

Diane · **on:** Aug 2, 2018

Paralegals must be aware of the time limitations under which the trustee or creditors may have to bring an adversary proceeding. Bankruptcy Code 11 U.S.C. ________ govern the following limitations for the following voidable transfer actions.

A) 547, 548, and 549
B) 456, 457, and 458
C) 765, 533, and 243
D) None of the above

Question 2

A creditor may move to have a bankruptcy case dismissed if the debtor has caused an unreasonable delay in the case that resulted in ________ to the creditor.

A) Undue hardship
B) A severe loss
C) Prejudice
D) None of the above