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San Jose State University Chapter 7 Artistic Framing & Bankruptcy Court HW

San Jose State University Chapter 7 Artistic Framing & Bankruptcy Court HW

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.


$25,000 in back child support and alimony.


$15,000 for liabilities incurred after drinking and driving.


$10,000 for past-due student loans.


$5,000 for past-due rent to his landlord.


$550 for a past-due phone bill.

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