Exam 5: The Bankruptcy Intake

Exhausted after a double shift, the debtor fell asleep while driving home. This resulted in a car accident where the other party suffered serious injuries and substantial medical bills. The victim sued and obtained a judgment for $300,000. If the debtor files for bankruptcy, _____________.

The client is unsure when a prior bankruptcy was filed. What steps should you take to confirm the results of the original case?

In four months, Becky is retiring and relocating to Key West, Florida where she has a condo that she has used as a vacation home for more than a decade. She wants to file for bankruptcy in Florida because of the generous exemptions for homes. Becky should:

Domestic support obligations are dischargeable in bankruptcy.

A non-filing spouse's income is excluded from Schedule I.

Kenny has to make his first child support payment in thirty days, so he has decided to file for bankruptcy. This results in ___________.

Pete relocated from New Mexico to Florida in January 2020 because his employer expanded operations. However, by October of 2021, the plant was closed and relocated to Texas. Because Pete got married in June of 2021, he wants to stay in Florida, but since he's unemployed, he will need to file for Chapter 7. Pete will ___________.