When a petition is filed under Chapter 7 of the Bankruptcy Code, an automatic stay goes into effect, prohibiting the creditors from collecting debts on amounts owed for back taxes, family support, and student loans.
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Q3: Chapter 7 bankruptcy petitions are filed in
Q4: Under the Bankruptcy Code, states are allowed
Q5: Membership on a Chapter 11 creditors' committee
Q6: Once the amounts agreed to under a
Q7: People who are able to make a
Q9: The Bankruptcy Code allows debtors to keep
Q10: In a Chapter 11 reorganization, a qualified
Q11: In a voluntary filing, the bankruptcy petition
Q12: Under the Chapter 12 Fishing Business Debt
Q13: A Chapter 11 creditors' committee has the
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