Multiple Choice
Verna files a petition in bankruptcy in a liquidation proceeding.If the court administers the means test and concludes that Verna is abusing the bankruptcy process by filing for a liquidation,the court will most likely
A) force Verna to file for relief through an individual repayment plan.
B) discharge Verna's debts.
C) distribute Verna's property to Verna's creditors.
D) issue an automatic stay against any actions by Verna's creditors.
Correct Answer:

Verified
Correct Answer:
Verified
Q4: In the distribution of the debtor's estate,
Q17: To adjust debt and institute a repayment
Q18: Discharge of a debt is never denied
Q19: The basic duty of a trustee is
Q20: Bankruptcy proceedings are held in state courts.
Q21: Fact Pattern 30-1A (Questions A8-A9 apply)<br>Stacy sells
Q23: To falsify information on official bankruptcy schedules
Q24: Any "person" may be a debtor in
Q25: Swim & Trim Fitness Corporation wants to
Q27: Hasty Pastries declares bankruptcy,idling Hasty's delivery vehicles.The