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 70 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?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

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).

For a complete list of videos, visit our video library