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

Author Question: What provisions has the Bankruptcy Code made regarding application of the Means Test to reservists ... (Read 24 times)

pragya sharda

  • Hero Member
  • *****
  • Posts: 566
What provisions has the Bankruptcy Code made regarding application of the Means Test to reservists and members of the National Guard? Provide your own reasoning with regard to why the Bankruptcy Code makes such provisions.
 
  What will be an ideal response?

Question 2

The last clear chance doctrine applies in jurisdictions that recognize comparative negligence.
 
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

hugthug12

  • Sr. Member
  • ****
  • Posts: 329
Answer to Question 1

Under the provisions of the National Guard & Reservist Debt Relief Act of 2008, which amended 11 U.S.C.  707 (b)(2)(D), Chapter 7 debtors who are reservists or members of the National Guard are temporarily excluded from the Means Test. The debtor will qualify for this exclusion if the active duty or homeland defense activity is for a period of at least 90 days and has occurred after September 11, 2001. This exclusion from the Means Test applies for the duration of the debtor's active duty and for another 540 days after the period of active duty has terminated.

Answer to Question 2

FALSE




pragya sharda

  • Member
  • Posts: 566
Reply 2 on: Aug 3, 2018
Great answer, keep it coming :)


fatboyy09

  • Member
  • Posts: 358
Reply 3 on: Yesterday
Gracias!

 

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?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

For a complete list of videos, visit our video library