« previous next »

Author Question: How does the bankruptcy code ensure the efficient administration of bankruptcy proceedings? What ... (Read 73 times)

jazziefee

  • Hero Member
  • *****
  • Posts: 505
on: Aug 3, 2018
How does the bankruptcy code ensure the efficient administration of bankruptcy proceedings?
 
  What will be an ideal response?

Question 2

What is a cloud on the title? How does a cloud on title impact the seller's ability to transfer good title?
 
  What will be an ideal response?


ankilker

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: Aug 3, 2018
Answer to Question 1

Bankruptcy law has established procedures for filing the bankruptcy action and provides a venue for interested parties to settle their grievances regarding the debtor's insolvency in an organized, civilized manner.

Answer to Question 2

A cloud on title is anything that would impair the ability to transfer the property. It can be related to the ownership of the property, the existence of an easement or restriction or a financial matter such as unpaid taxes.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

MEDICATION ADMINISTRATION ERRORS MEDICATION ADMINISTRATION ERRORS
Organization of the Food and Drug Administration showing the seven centers that regulate human and ... Organization of the Food and Drug Administration showing the seven centers that regulate human and ...
Types of Insulin: Actions and Administration Types of Insulin: Actions and Administration
Summary of Drug Action: Common Routes of Administration Summary of Drug Action: Common Routes of Administration
Efficient Allocation of Labor between Sectors Efficient Allocation of Labor between Sectors
Administration of Nasal Medications Administration of Nasal Medications
Video: How a Urinalysis is Performed

For a complete list of videos, visit our video library