Question Description
total 300 words（dont need to cite anything, but having turnitin）
#1 Artistic Framing, a business with $120,000 of unsecured debt, needs to file for bankruptcy, but wants to continue in business. Discuss what chapter of the Bankruptcy Code should be used.
#2 When Dudley files his Chapter 7 petition, he lists the following debts. Discuss how will each of these debts be treated by the bankruptcy court.
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a. |
$25,000 in back child support and alimony. |
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b. |
$15,000 for liabilities incurred after drinking and driving. |
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c. |
$10,000 for past-due student loans. |
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d. |
$5,000 for past-due rent to his landlord. |
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e. |
$550 for a past-due phone bill. |
