Nondischargeable Debts in Bankruptcy
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Questions and Answers

Which type of debt is covered by the bankruptcy discharge?

  • Domestic support obligations
  • Money, property, services obtained through fraud (correct)
  • Taxes
  • Debts obtained through fraud

What is the consequence of losing discharge under §727?

  • All debts become non-dischargeable in future bankruptcies (correct)
  • Only specific debts become non-dischargeable
  • The debtor's assets are liquidated to pay off the debts
  • The debtor can reapply for discharge after a certain period

Which type of debt is non-dischargeable for 3 years?

  • Priority taxes (correct)
  • Student loans
  • DUI fines
  • Government fines

What happens to debts that are not listed or scheduled?

<p>They are non-dischargeable (A)</p> Signup and view all the answers

What is the timeframe for filing a complaint under 523(c)?

<p>60 days after the §341 meeting of creditors (D)</p> Signup and view all the answers

In Problem 6-19, why is the $10,000 medical bill not discharged in chapter 7?

<p>It is post-petition debt and subject to the 8-year rule (A)</p> Signup and view all the answers

What advice is given regarding the $10,000 medical bill in Problem 6-19?

<p>File for a zero-payment, three-year chapter 13 plan (B)</p> Signup and view all the answers

In Problem 6-20, which of the following debts are non-dischargeable in a chapter 7 filing?

<p>Current taxes and student loans (D)</p> Signup and view all the answers

According to the lawyer's notes, in which court should a claim be brought if there is a weak claim under federal bankruptcy law?

<p>State court (B)</p> Signup and view all the answers

In the scenario of Problem 6-26, can the $3,500 claim be excepted from discharge?

<p>Yes, because the cash advances aggregated more than $750 within 70 days (C)</p> Signup and view all the answers

In Re Manriquez, why was the cruise expense considered non-dischargeable?

<p>It was a luxury good (A)</p> Signup and view all the answers

What are the three principles to follow when starting a Chapter 7 appointment?

<p>Avoid luxury purchases, no cash advances, and continue using credit cards as before (B)</p> Signup and view all the answers

What act was most favorable to Manriquez in In Re Manriquez?

<p>The credit card debt was majority household goods (A)</p> Signup and view all the answers

If you were the bank's attorney in In Re Manriquez, would you have appealed for violation of 523?

<p>Yes, because the cruise is a slam dunk non-dischargeable luxury good (B)</p> Signup and view all the answers

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