Even complicated and confusing topics will be easily developed and covered if you request our help writing an essay. Place an order today!

 

Debate This: Personal Bankruptcy
Chapter 26 p. 631

Three months ago, Janet Hart’s husband of twenty years died of cancer. Although he had medical insurance, he left Janet with outstanding medical bills of more than $50,000. Janet has worked at the local library for the past ten years, earning $1,500 per month. Since her husband’s death, Janet also has received $1,500 in Social Security benefits and $1,100 in life insurance proceeds every month, giving her a monthly income of $4,100. After she pays the mortgage payment of $1,500 and the amounts due on other debts each month, Janet barely has enough left over to buy groceries for her family (she has two teenage daughters at home). She decides to file for Chapter 7 bankruptcy, hoping for a fresh start. Using the information provided in the chapter, answer the following questions.

Under the Bankruptcy Code after the reform act, what must Janet do before filing a petition for relief under Chapter 7?
How much time does Janet have after filing the bankruptcy petition to submit the required sched-ules? What happens if Janet does not meet the deadline?
Assume that Janet files a petition under Chapter 7. Further assume that the median family income in the state in which Janet lives is $49,300. What steps would a court take to determine whether Janet’s petition is presumed to be substantial abuse under the means test?
Suppose the court determines that no presumption of substantial abuse applies in Janet’s case. Nevertheless, the court finds that Janet does have the ability to pay at least a portion of the medical bills out of her disposable income. What would the court likely order in that situation?

Debate This:Rather than being allowed to file Chapter 7 bankruptcy petitions, individuals and couples should always be forced to make an effort to pay off their debts through Chapter 13.

testimonials icon
Running head: CRIJ 1301 WRITING ASSIGNMENT1CRIJ 1301 Writing AssignmentNameInstitutional AffiliationCRIJ 1301 WRITING ASSIGNMENT2CRIJ 1301 Writing As...
testimonials icon
DISCUSSIONEbola at Texas Health Presbyterian Hospital ·         Watch the video titled “Full interview: M...
testimonials icon
 Please Read instruction :Topic: Soft Skills of project Management 1. Time ManagementMinimum word count of each topic...
testimonials icon
In your future work, you will likely need to educate clients about treatment resources available for various mental health and wellness ne...
testimonials icon
He went to school the next day in style. At the end of the day there was a show. He revved my engi...
testimonials icon
As an InfoSec IT manager, you will have to have a plan to deal with BYO and IOT. From a purely Information Security perspective, provide one good...
testimonials icon
Design an experiment in which you will test the effect of an acidic fluid on enzymatic activity. (Recall: Enzym...
testimonials icon
Scenario: You are a technician working in a diagnostic medical laboratory. You have been given a liver tissue biopsy from a patient with hepatitis...
testimonials icon
  ...
testimonials icon
Comparison of Google’s ecommerce program to Ebay’s ecommerce Analyze google’s ecommerce program and compar...
testimonials icon
 Conduct research to determine which is the preferred operating system to implement cloud computing, explain why (there is not a right or...
testimonials icon
You have been asked to convince your company on two new products or services that the company should launch to capture a larger market share. Wha...

Other samples, services and questions:

Calculate Price

When you use PaperHelp, you save one valuable — TIME

You can spend it for more important things than paper writing.

Approx. price
$65
Order a paper. Study better. Sleep tight. Calculate Price!
Created with Sketch.
Calculate Price
Approx. price
$65