Question
Question 1 Dave is in financial trouble but he doesn't want to file bankruptcy. An involuntary bankruptcy petition can be filed against Dave. True False
Question 1
Dave is in financial trouble but he doesn't want to file bankruptcy. An involuntary bankruptcy petition can be filed against Dave.
True
False
Question 2
Filing a bankruptcy petition does not operate as an automatic stay, halting creditor action against a debtor or his or her property.
True
False
Question 3
Which of the following is not a trustee's role in the bankruptcy?
A. | Sets aside property a debtor may keep | |
B. | Takes possession of debtors property and has it appraised | |
C. | Examines creditor claims, objecting if necessary | |
D. | Buddles unsecured property from the secured and otherwise exempt property |
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