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Below Is a List of Unsecured Items That May Arise

question 23

Essay

Below is a list of unsecured items that may arise during a Chapter 7 liquidation.

a.Wages up to $4,000 earned within 90 days before the filing.​

b.Tax claims of a government unit.​

c.Debts incurred after commencement of involuntary bankruptcy but before the order for relief.​

d.Claims of general creditors not granted priority.​

e.Deposits up to $1,800 each for goods or services never received from the debtor.f.Expenses to administer the estate.g.Unpaid contributions to employee benefit plans arising from service performed up to 180 days before filing, up to $4,000 per employee covered.​


Definitions:

DSM-5

The Diagnostic and Statistical Manual of Mental Disorders, Fifth Edition; a manual for assessing and diagnosing mental disorders.

Food Addiction

A behavioral addiction characterized by compulsive consumption of palatable foods, often leading to psychological and physical harm.

DSM-5

The Diagnostic and Statistical Manual of Mental Disorders, Fifth Edition, a handbook used by healthcare professionals as the authoritative guide to diagnosing mental disorders.

Anti-psychotic Qualities

Characteristics of medications that are used to treat psychotic symptoms, such as hallucinations and delusions, commonly associated with schizophrenia and bipolar disorder.

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