Podcast
Questions and Answers
What is a liquidated claim?
What is a liquidated claim?
- A claim that is discharged after a bankruptcy discharge
- A claim for a specific amount of money agreed upon by the debtor and creditor (correct)
- A claim for an unspecified amount of money
- A claim for breach of agreement that has not been quantified
Which type of claim does the creditor not know the exact amount owed by the debtor?
Which type of claim does the creditor not know the exact amount owed by the debtor?
- Equitable claim
- Secured claim
- Discharged claim
- Unliquidated claim (correct)
What happens to 'ONLY Claims' during a bankruptcy case?
What happens to 'ONLY Claims' during a bankruptcy case?
- They are paid from the bankruptcy distributions (correct)
- They are not affected by the bankruptcy
- They are stayed during a bankruptcy case
- They are discharged after a bankruptcy discharge
According to 502(a), who does a 'party in interest' include?
According to 502(a), who does a 'party in interest' include?
In bankruptcy, when does a claim become dischargeable?
In bankruptcy, when does a claim become dischargeable?
In bankruptcy, when can a landlord not terminate a lease with a tenant?
In bankruptcy, when can a landlord not terminate a lease with a tenant?
Who bears the burden of proof on a tax claim in bankruptcy court according to the case of Raleigh v. Illinois Department of Revenue?
Who bears the burden of proof on a tax claim in bankruptcy court according to the case of Raleigh v. Illinois Department of Revenue?
What is the exception to the automatic stay in bankruptcy for enforcement of a government unit’s policy and regulatory power?
What is the exception to the automatic stay in bankruptcy for enforcement of a government unit’s policy and regulatory power?
When does an order to do something become dischargeable in bankruptcy?
When does an order to do something become dischargeable in bankruptcy?
What type of claim is not dischargeable in bankruptcy according to the case of Ohio v. Kovacs?
What type of claim is not dischargeable in bankruptcy according to the case of Ohio v. Kovacs?
In bankruptcy, when can a claim be reduced or disallowed by a creditor?
In bankruptcy, when can a claim be reduced or disallowed by a creditor?
What is the exception to the automatic stay in bankruptcy for enforcement of a government unit’s policy and regulatory power?
What is the exception to the automatic stay in bankruptcy for enforcement of a government unit’s policy and regulatory power?
When does an order to do something become dischargeable in bankruptcy?
When does an order to do something become dischargeable in bankruptcy?
What type of claim is not dischargeable in bankruptcy according to the case of Ohio v. Kovacs?
What type of claim is not dischargeable in bankruptcy according to the case of Ohio v. Kovacs?
In bankruptcy, when can a claim be reduced or disallowed by a creditor?
In bankruptcy, when can a claim be reduced or disallowed by a creditor?
In bankruptcy, when can a landlord not terminate a lease with a tenant?
In bankruptcy, when can a landlord not terminate a lease with a tenant?
