Bankruptcy Code Exceptions Quiz
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Bankruptcy Code Exceptions Quiz

Created by
@BelovedMagic

Questions and Answers

Which type of activity is not affected by an automatic stay in bankruptcy?

Criminal activity

What type of order cannot be stayed by filing for bankruptcy?

City order to do something

In which situation would a person have to continue to pay child support even after filing for Chapter 7 bankruptcy?

If the payments are dischargeable

What must a person ensure before being discharged of debts via Chapter 13 bankruptcy?

<p>Payment of all domestic support obligations</p> Signup and view all the answers

What was the reason for the husband's motion to reduce maintenance payments?

<p>He lost his job</p> Signup and view all the answers

In Taggart v. Lorenzen, what would establish a basis for the discharge injunction and an appropriate defense for the creditor?

<p>A reasonable basis for the creditor’s conduct</p> Signup and view all the answers

What did the Supreme Court hold in City of Chicago v. Fulton regarding the prohibition by retaining possession of a debtor’s property after a bankruptcy petition is filed?

<p>Mere passive retention of estate property does not violate §362(a)(3)</p> Signup and view all the answers

In the case of Taggart v. Lorenzen, what did the court define as civil contempt?

<p>Willful disobedience of any judgment by civil court</p> Signup and view all the answers

What was the reason for the City of Chicago impounding Fulton’s car?

<p>Failure to pay fines and driving with a suspended license</p> Signup and view all the answers

What did the Supreme Court require the debtor to provide to the creditor in City of Chicago v. Fulton?

<p>Adequate protection of its interest in the returned property</p> Signup and view all the answers

What was the outcome of the City of Chicago v. Fulton case?

<p>The City did not violate the prohibition by retaining possession of the debtor’s property</p> Signup and view all the answers

What type of lawsuit did Sherwood Park Business Center and its owners bring against Taggart?

<p>Claiming that Taggart had breached the Business Center’s operating agreement</p> Signup and view all the answers

Before the trial, what did Taggart file for?

<p>Chapter 7 bankruptcy</p> Signup and view all the answers

What was the reason for the motion filed by the Sherwood in Taggart v. Lorenzen?

<p>Seeking attorney’s fee reimbursement for the prebankruptcy action against Taggart</p> Signup and view all the answers

What was the outcome of the motion filed by the Sherwood in Taggart v. Lorenzen?

<p>The state court entered a judgment against Taggart</p> Signup and view all the answers

What was the result of Taggart’s bankruptcy petition?

<p>He was awarded a discharge</p> Signup and view all the answers

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