Briefly describe the significance of the following statement:Upon filing the petition, which constitutes an order for relief, an estate is created and the automatic stay goes into effect.
What will be an ideal response?
Upon the filing of a voluntary petition, most of the debtor's property passes into a bankruptcy estate under the control of the Chapter 7 trustee, and the automatic stay goes into effect to protect the debtor, the debtor's property, and property of the estate from collection efforts.
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What are the underlying reasons for the difficulty some legal team members may have in communicating with the IT staff?
What will be an ideal response?
Coming up with the objectives and goals of the business fall under which business planning process?
A. operational planning: middle range perspective B. strategic planning: long range perspective C. budgeting annual perspective D. forecasting requirements
Discuss the purpose and impact of motions in limine on the trial.
What will be an ideal response?
The client's personal history should not be included in the settlement brochure
a. true b. false