Solved

Garland Files for Chapter 7 Bankruptcy and an Automatic Stay

Question 60

Multiple Choice

Garland files for Chapter 7 bankruptcy and an automatic stay has been issued. The court has granted an order of relief. A creditor's meeting is scheduled but Garland does not attend. At this point what is the court's option?


A) The meeting must be rescheduled.
B) The trustee will allocate the debtor's assets.
C) The court will send a sheriff to bring Garland to the meeting.
D) The court may refuse to grant Garland's bankruptcy.
E) Garland will be held in contempt of court and find not less than $5,000.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents