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 26 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 :)


Liamb2179

  • Member
  • Posts: 365
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

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?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

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?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

For a complete list of videos, visit our video library