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1.  What are the primary purposes of the Bankruptcy Code?

2.  Describe the creditor actions that are automatically held in abeyance when the debtor files a bankruptcy petition.

3.  When is a debtor allowed to void liens on his properties? What type of liens can be voided on this basis?

4.  Who are the different unsecured creditors who receive distributions of a debtor's estate?

5.  List some types of debts that are not affected by the discharge of a bankrupt debtor.

6.  Apply an interesting concept from the chapter to a real-life situation.

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  • Category:- Financial Management
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