In a Chapter 7 proceeding, an unsecured creditor who files a claim with the court after the deadline because he is too busy planning and going on a vacation would be unable to collect anything.
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Q1: The Bankruptcy Code grants to U.S. District
Q2: Within each federal district court is established
Q3: A debt is an obligation to pay
Q7: Bill has loaned Mark $500, which Mark
Q9: A fraudulent transfer made more than one
Q11: According to the 1994 amendments to the
Q14: A bankruptcy petition may be filed by
Q17: Under Chapter 11, a class that is
Q19: More than 99 percent of all bankruptcy
Q19: The 1994 amendments allow the creditors to
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