A Court Can Dismiss a Chapter 7 Petition and Convert

question 49

True/False

A court can dismiss a Chapter 7 petition and convert it to a Chapter 13 bankruptcy if the debtor does not satisfy the means test.

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Definitions:

Value Assumption

An underlying belief that shapes one's perspective or behavior, often taken for granted and not explicitly acknowledged.

Humanistic

The humanistic approach emphasizes the study of the whole person and the uniqueness of each individual, focusing on personal growth and self-actualization.

Democratic

Pertaining to a system of government or organization where power is exercised equally among members, often through elected representatives.

Behavioural Science

An interdisciplinary field studying human and animal behavior through the systematic analysis and investigation of behavior patterns and processes.