In a Chapter 7 Proceeding,an Unsecured Creditor Who Files a Claim

question 63

True/False

In a Chapter 7 proceeding,an unsecured creditor who files a claim with the court after the deadline because he is too busy planning and going on a vacation would be totally unable to collect.

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Definitions:

Medulla

A term often referring to the inner core of certain organs or structures, such as the medulla oblongata in the brain or the adrenal medulla.

Cognitive Processes

Mental actions or operations that involve thinking, reasoning, problem-solving, and the processing of information.

Phrenology

is the now-discredited field of study which posited that bumps on the skull could predict mental traits and character.

Cognitive Processes

The cognitive processes that encompass the acquisition, storage, retrieval, and application of knowledge.