Stephanie Simpson, a United States citizen, is a reporter for a major newspaper. For the past three years she has been assigned to London. All of her property is with her in London. If Stephanie finds that she is unable to pay her creditors, she may file for bankruptcy under the Code.
Answer the following statement true (T) or false (F)
False
To become a debtor, a person must reside or have a domicile, a place of business, or property in the United States, 11U.S.C.A. § 109(a). Because Stephanie does not reside, have a domicile, or have property in the United States, she is noteligible to be a debtor.
You might also like to view...
Federalization consists of changes in __________ law that result from laws written by the federal legislature (Congress) and from interpretations of the U.S. Constitution by federal courts.
Fill in the blank(s) with the appropriate word(s).
Ethan is 17 years old. He wants to marry his 14-year-old girlfriend, and she, him. Which of these would they not expect to demonstrate to their state?
A. That they have parental consent. B. That they are emancipated. C. That they understand the nature of marriage. D. That they will remain married at least until the age of majority.
________ programs are government programs that provide financial and other forms of assistance to poor and low-income families
Fill in the blank(s) with correct word
Which of the following property is exempt from a writ of execution?
a. A debtor's home, up to a certain dollar amount b. A car belonging to the debtor's wife c. Tools used by the debtor in his trade d. A debtor's home, up to a certain dollar amount, and tools used by the debtor in his trade e. All of these choices are correct