If there is a presumption of abuse, the trustee must file a motion to dismiss a Chapter 7 petition or explain why such a motion would not be appropriate.
Correct Answer:
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Q3: Bankruptcy relief is provided under state, not
Q4: To qualify for a Chapter 7 bankruptcy,
Q5: Each state permits a debtor in bankruptcy
Q6: Businesses must be technically insolvent to file
Q7: In a Chapter 7 proceeding, at a
Q9: If a debtor's income falls below the
Q10: In a Chapter 7 proceeding, the bankruptcy
Q11: Once a bankruptcy petition is properly filed,
Q12: The basic duty of a bankruptcy trustee
Q13: Anyone obligated to a creditor can declare
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