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What are the goals of the Bankruptcy code? Under what circumstances may a single creditor file an involuntary bankruptcy petition Describe the duties of a

  1. What are the goals of the Bankruptcy code?
  2. Under what circumstances may a single creditor file an involuntary bankruptcy petition
  3. Describe the duties of a trustee in bankruptcy.
  4. Name some papers (schedules) filed by a debtor in a bankruptcy proceeding
  5. How are the proceeds from the sale of a debtor's property distributed in a chapter 7 bankruptcy?
  6. List five exemptions under the federal bankruptcy code.
  7. How does chapter 7 bankruptcy differ from a chapter 13 bankruptcy?
  8. How does chapter 13 bankruptcy differ from a chapter 11 bankruptcy?
  9. What is the purpose of a chapter 12 bankruptcy?
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