14 Questions
Which type of debt is covered by the bankruptcy discharge?
Money, property, services obtained through fraud
What is the consequence of losing discharge under §727?
All debts become non-dischargeable in future bankruptcies
Which type of debt is non-dischargeable for 3 years?
Priority taxes
What happens to debts that are not listed or scheduled?
They are non-dischargeable
What is the timeframe for filing a complaint under 523(c)?
60 days after the §341 meeting of creditors
In Problem 6-19, why is the $10,000 medical bill not discharged in chapter 7?
It is post-petition debt and subject to the 8-year rule
What advice is given regarding the $10,000 medical bill in Problem 6-19?
File for a zero-payment, three-year chapter 13 plan
In Problem 6-20, which of the following debts are non-dischargeable in a chapter 7 filing?
Current taxes and student loans
According to the lawyer's notes, in which court should a claim be brought if there is a weak claim under federal bankruptcy law?
State court
In the scenario of Problem 6-26, can the $3,500 claim be excepted from discharge?
Yes, because the cash advances aggregated more than $750 within 70 days
In Re Manriquez, why was the cruise expense considered non-dischargeable?
It was a luxury good
What are the three principles to follow when starting a Chapter 7 appointment?
Avoid luxury purchases, no cash advances, and continue using credit cards as before
What act was most favorable to Manriquez in In Re Manriquez?
The credit card debt was majority household goods
If you were the bank's attorney in In Re Manriquez, would you have appealed for violation of 523?
Yes, because the cruise is a slam dunk non-dischargeable luxury good
Test your knowledge of nondischargeable debts in bankruptcy with this quiz covering key sections such as §727(b) and §523. Explore the exceptions to discharge and objections to discharge, and ensure a thorough understanding of the debtor's obligations.
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