Which of the following is NOT part of the basic set of procedures for bankruptcy cases?
A) The petition for the prompt repayment of secured creditor claims
B) The granting of an automatic stay
C) A determination on whether an order of relief should be granted
D) The creditors meet with the debtor
E) Discharging debts

Question

Quizplus · Accepted Answer

The petition for the prompt repayment of secured creditor claims is not part of the basic set of procedures for bankruptcy cases. Bankruptcy procedures typically include the automatic stay against collections, meetings between the debtor and creditors, determinations on relief orders, and the discharge of debts. The prompt repayment of secured creditor claims as a basic procedure is not accurate, as the treatment of secured creditors' claims is more complex and subject to specific rules within the bankruptcy process.

Which of the Following Is NOT Part of the Basic