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Which of the following are objections that a court may have to a discharge of the debtor's obligations? Choose 3 answers. A secured creditor may

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Which of the following are objections that a court may have to a discharge of the debtor's obligations? Choose 3 answers. A secured creditor may object to being excluded from the distribution if she had not been notified of the bankruptcy. An unsecured creditor may object to being paid after a secured creditor if his claim was filed first. A creditor may object to a distribution plan if the debtor has been fraudulent. An unsecured creditor may object to being excluded from the distribution it she had not been notified of the bankruptcy. In this case, Lee Park (the debtor) filed a Chapter select answer bankruptcy. Under this type of bankruptcy, the debtor is required to file a list of secured and unsecured creditors as well as several other lists, known as . Lee's payments to his wife generally be dischargeable in bankruptcy. Student loans generally dischargeable in bankruptcy. Under the federal exemptions, Lee normally be allowed some portion of equity in his home. Because Lee become the sole owner of the house (with responsibility for the mortgage) within the last three years, Lee have a federal maximum equity exemption. According to the federal limit in the book, Lee be able to claim a homestead exemption for the full amount of the equity in his home. What If the Facts Were Different? Assume that Lee Park was not an executive but instead was a line worker making $41,000 per year. His spousal support was $1,000 per month and his home was worth $365,000 with a $290,000 mortgage. He did not have student loans and did not owe any back taxes. The state median income was still $47,000. In this case, Lee's income higher than the state median. Because of this, there a presumption of bankruptcy abuse. Lee's equity in his house would be . This amount of lower than the federal limit. Lee equity receive the entire amount of equity in his home

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