No explanation needed

If an automatic stay is in effect in a Chapter ? proceeding, which oi the following statements is NOT accurate? 0 Creditors cannot attempt to repossess property during bankruptcy proceedings. 0 If the debtor was a debtor in a bankruptcy case that was dismissed within a year of the current bankruptcy case ling. the stay automatically terminates 30 days after the current ling. O A creditor who received a iudgment against a debtor prior to the bankruptcy ling may not act to enforce the judgment. 0 The court may exclude secured creditors from the stay iftheyI petition the court to show that they do not have adequate protection under the stay. 0 Legal actions to collect child support payments are subject to the stay. [Exemptions] Liane is injured in an automobile accident and cannot work. She cannot pay her bills and files for bankruptcy relief under Chapter 7. Federal exemptions apply, and Liane lists as exempt $25,000 in equity in her residence; interest in a vehicle of $2,000; interest in jewelry of $400; and retirement funds in her individual retirement account. Her creditors filed an objection to all claimed exemptions except for the home equity claim. What is the status of the exemptions Liane claimed on the car and jewelry? O The exemption claimed for the vehicle will likely be granted, but the exemption claimed for the jewelry will likely be disallowed because a federal exemption may only be claimed for jewelry consisting of a wedding band worth less than $400. O The exemption claimed for the vehicle will likely be granted, but the exemption claimed for the jewelry will likely be disallowed because no exemption may be claimed for jewelry. O The exemption claimed or the jewelry will likely be allowed, but the exemption claimed for the vehicle will likely be denied because the federal exemption for a vehicle is limited to $1,000. O The exemption claimed for the jewelry will likely be granted; but in order to ascertain the status of the vehicle, further information is needed in regard to whether it is used in business. O Both exemptions will likely be granted because their type and value are within allowable federal exemptions.Which of the following is false regarding Chapter 12 of the bankruptcy code? O The family farmer's gross income must be at least 50 percent farm-dependent. O The debt must be under a certain debt cap. O At least 50 percent of the family farmer's debt must be farm-related. Congress modeled Chapter 12 after Chapter 7 relief. O A family farmer under Chapter 12 must have regular annual income.Which of the following is false regarding Chapter 13 of the bankruptcy code? O Chapter 13 repayment plans are usually simpler and less expensive than Chapter 11 plans. O By statute Chapter 13 plans last between 36 and 60 months. O Chapter 13 permits individuals with regular income to pay their debts to creditors in installment plans under the supervision of the court. O Any debtor who files under Chapter 13 could also have filed under Chapter 11. O Individuals, partnerships, and corporations may file for a Chapter 13 repayment plan