In a Chapter 7 Bankruptcy, on a Finding That the Use

question 68

Multiple Choice

In a Chapter 7 bankruptcy, on a finding that the use of Chapter 7 would constitute substantial abuse, the court is most likely to

• A)extend the time for the debtor's payment of overdue debts.
• B)allow a creditor to collect a previous judgment on a disputed debt.
• C)force a creditor to obtain a new judgment on a claimed debt.
• D)dismiss the debtor's petition.

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Definitions:

Ageism

The stereotyping of and prejudice against individuals or groups because of their age.

Theft

The act of taking someone else's property without permission or legal right and with the intention to deprive the rightful owner of it permanently.

Convenience Store

A small retail business that sells everyday items such as snacks, beverages, and household goods, and is often open long hours for consumer convenience.

Prejudice

A negative attitude based on learned notions about members of selected groups, based on their physical, social, or cultural characteristics.