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:

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The process through which members of the United States Congress (both the House of Representatives and the Senate) are elected by voters.

Challengers

Individuals or teams contesting against incumbents or the current holders in a competition, election, or battle for superiority.

Continuing Resolution

A type of legislation passed by Congress to fund government agencies and programs temporarily, extending funding beyond the end of the fiscal year to prevent a government shutdown.

Appropriations Bill

Legislation passed by Congress that provides funding for government agencies and programs.