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REG EXAM > R8 > Flashcards

R8 Flashcards

1
Q

Limitations in chapter 7 liquidations (No RIBS)

A

railroads
savings institutions
insurance companies
banks
small business investment companies

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2
Q

Limitation in Chapter 11 bankruptcy (No BIBS)

A

stock brokers
insurance companies
banks
small businesses

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3
Q

What debts will not be discharged in bankruptcy? (WAFTED)

A

willful and malicious injury
alimony
fraud
taxes
educational loans
debts undisclosed in the bankruptcy petition

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REG EXAM (11 decks)

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