List several factors to consider when determining whether a debtor should file under Chapter 7 or Chapter 11.
What will be an ideal response?
When a debtor is considering whether to file under Chapter 7 or 11, the debtor must consider whether the debtor is eligible to be a debtor under that chapter and whether the debtor intends to liquidate or reorganize.
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When making property distribution decisions, courts disregard the spouse's respective roles in the dissipation of marital assets.
Answer the following statement true (T) or false (F)
Your neighbor builds a berm in his yard to enhance his landscaping scheme. Now every time it rains heavily, water runs off the berm and drains onto your property flooding it, thus depriving you of the use and enjoyment of your land. You have complained and tried to reason with your neighbor, but he simply ignores you. Which of the following would be your best course of action?
A. Seek monetary damages each time the neighbor floods your land B. Self-help C. Obtain a court order compelling your neighbor to tear down the berm or provide adequate drainage D. Seek an indictment
When produced information is found to contain privileged material, the federal rules?
A. ?allow the receiving party to use the information. B. ?allow the receiving party to inform the client but no one else. C. ?require the producing party to notify the other party thirty days prior to trial. D. ?require the producing party to notify the other party promptly.
The goal of the adversary system is to provide motivation to find the truth.
Answer the following statement true (T) or false (F)