How do the duties of a Chapter 13 trustee differ from the duties of a Chapter 7 trustee?
What will be an ideal response?
The Chapter 7 case trustee liquidates nonexempt, unencumbered assets and uses the proceeds to pay allowed unsecured claims, where the Chapter 13 trustee acts as a disbursing agent to distribute payments made under a confirmed Chapter 13 plan.
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The purpose of this is to put the world on notice that the grantor has conveyed title to the property to the grantee, and to reduce the possibility of fraud:
a. Recording the deed b. Registering the deed c. Closing the deed d. Both a. andb. are correct
Article 2A has been adopted by ______ states.
A. all B. some C. ten D. twenty-one
Some Web sites containing legal information are in fact advertisements
Indicate whether the statement is true or false
List and describe the freehold estates
What will be an ideal response?