Question 1

A Reaffirmation Agreement must be filed by __________.

Accepted Answer

A)  the 341 Meeting of Creditors. 
B)  the date of the discharge. 
C)  within sixty days of the first scheduled 341 Meeting of Creditors. 
D)  none of the above. 
A)  the 341 Meeting of Creditors. 
B)  the date of the discharge. 
C)  within sixty days of the first scheduled 341 Meeting of Creditors. 
D)  none of the above. C

Question 2

Trustees are required to receive debtor documents through the courts' secured website under §727.

Accepted Answer

A) True 
 B)False  False

Question 3

Are attorneys required to assist clients with the Reaffirmation Agreement? Please elaborate.

Accepted Answer

No, as that varies per jurisdiction. But if an attorney assists the client in signing a Reaffirmation Agreement, the attorney must sign a declaration.

Question 4

When is a Suggestion of Bankruptcy filed?

Accepted Answer

The answer of When is a Suggestion of Bankruptcy filed?...

Question 5

Local Rules vary on how Reaffirmation Agreements are handled.

Accepted Answer

A) True 
 B)False

Question 6

If expenses exceed income, there's a presumption of undue hardship, and a Reaffirmation Agreement is automatically denied.

Accepted Answer

A) True 
 B)False

Question 7

How are documents submitted to trustees?

Accepted Answer

The answer of How are documents submitted to trustees?...

Question 8

When is a Reaffirmation Agreement due?

Accepted Answer

The answer of When is a Reaffirmation Agreement due?...

Question 9

What is a Suggestion of Bankruptcy?

Accepted Answer

The answer of What is a Suggestion of Bankruptcy?...

Question 10

Pedro is a pro se debtor. He sent by mail to the U.S. Trustee's Office all the documents that are relevant to his Chapter 7 bankruptcy, yet, at the 341 Meeting his bankruptcy case was dismissed for failure to provide documents. Why?

Accepted Answer

The answer of Pedro is a pro se debtor. He...

Question 11

Debtors are required to sign Reaffirmation Agreements if there is secured debt.

Accepted Answer

A) True 
 B)False

Question 12

Reaffirmation Agreements only apply to secured debts.

Accepted Answer

A) True 
 B)False

Question 13

What happens if a debtor defaults on a Reaffirmation Agreement?

Accepted Answer

The answer of What happens if a debtor defaults on...

Question 14

Attorneys are required to sign a declaration if they assisted the client with a Reaffirmation Agreement.

Accepted Answer

A) True 
 B)False

A Reaffirmation Agreement must be filed by __________.

Trustees are required to receive debtor documents through the courts' secured website under §727.

Are attorneys required to assist clients with the Reaffirmation Agreement? Please elaborate.

When is a Suggestion of Bankruptcy filed?

Local Rules vary on how Reaffirmation Agreements are handled.

If expenses exceed income, there's a presumption of undue hardship, and a Reaffirmation Agreement is automatically denied.

How are documents submitted to trustees?

When is a Reaffirmation Agreement due?

What is a Suggestion of Bankruptcy?

Pedro is a pro se debtor. He sent by mail to the U.S. Trustee's Office all the documents that are relevant to his Chapter 7 bankruptcy, yet, at the 341 Meeting his bankruptcy case was dismissed for failure to provide documents. Why?

Debtors are required to sign Reaffirmation Agreements if there is secured debt.

Reaffirmation Agreements only apply to secured debts.

What happens if a debtor defaults on a Reaffirmation Agreement?

Attorneys are required to sign a declaration if they assisted the client with a Reaffirmation Agreement.

The History of Bankruptcy Law

Overview of the Bankruptcy Code

Summary of Chapter 7 Versus Chapter 13

The Court System and the Bankruptcy Rules and Procedure

The Bankruptcy Intake

Bankruptcy Intake Continued

Bankruptcy Intake: Employment, Income, and Expenses

Liabilities, and Required Documents

The Bankruptcy Petition

Assets and Liabilities

Schedules AB: Personal Property and C: Exemptions

Schedules of Secured and Unsecured Creditors

Schedule I: Income

Schedule J: Expenses

Statement of Financial Affairs

Understanding Legal Options and Judgments in Debt Cases

Statement of Current Monthly Income

Means Testing Official Form 122A-2

Bankruptcy and Debt: Understanding Hardship Discharge, Lien Stripping, and Cramdowns

Filing a Bankruptcy Petition

The 341 Meeting of Creditors

Filters

Exam 21: Post-Petition Filing

A Reaffirmation Agreement must be filed by __________.

Trustees are required to receive debtor documents through the courts' secured website under §727.

Are attorneys required to assist clients with the Reaffirmation Agreement? Please elaborate.

When is a Suggestion of Bankruptcy filed?

Local Rules vary on how Reaffirmation Agreements are handled.

If expenses exceed income, there's a presumption of undue hardship, and a Reaffirmation Agreement is automatically denied.

How are documents submitted to trustees?

When is a Reaffirmation Agreement due?

What is a Suggestion of Bankruptcy?

Pedro is a pro se debtor. He sent by mail to the U.S. Trustee's Office all the documents that are relevant to his Chapter 7 bankruptcy, yet, at the 341 Meeting his bankruptcy case was dismissed for failure to provide documents. Why?

Debtors are required to sign Reaffirmation Agreements if there is secured debt.

Reaffirmation Agreements only apply to secured debts.

What happens if a debtor defaults on a Reaffirmation Agreement?

Attorneys are required to sign a declaration if they assisted the client with a Reaffirmation Agreement.

The History of Bankruptcy Law

Overview of the Bankruptcy Code

Summary of Chapter 7 Versus Chapter 13

The Court System and the Bankruptcy Rules and Procedure

The Bankruptcy Intake

Bankruptcy Intake Continued

Bankruptcy Intake: Employment, Income, and Expenses

Liabilities, and Required Documents

The Bankruptcy Petition

Assets and Liabilities

Schedules AB: Personal Property and C: Exemptions

Schedules of Secured and Unsecured Creditors

Schedule I: Income

Schedule J: Expenses

Statement of Financial Affairs

Understanding Legal Options and Judgments in Debt Cases

Statement of Current Monthly Income

Means Testing Official Form 122A-2

Bankruptcy and Debt: Understanding Hardship Discharge, Lien Stripping, and Cramdowns

Filing a Bankruptcy Petition

The 341 Meeting of Creditors

Filters