June 16, 2023 Bankruptcy Quiz

What is the deadline to respond to a complaint in an adversary proceeding?
21 days after the issuance of the summons
21 days after service of the summons and complaint
30 days after the issuance of the summons
30 days after service of the summons and complaint
What is the most common minimum required notice period in bankruptcy?
14 days
21 days
28 days
30 days
What is the minimum required notice for objections to and the hearing on the disclosure statement?
14 days
21 days
28 days
30 days
What is the deadline to appeal a final order of the Bankruptcy Court?
14 days
21 days
28 days
30 days
How much notice is required for an objection to claim?
14 days
21 days
28 days
30 days
Generally speaking, a trustee or debtor-in-possession must file avoidance actions under Chapter 5 of the Bankruptcy Code by when?
180 days after the petition date
1 year after the petition date
2 years after the petition date
4 years after the petition date
What is the deadline for a creditor to make a Section 1111(b) election?
30 days after the proof of claim deadline
On or before the date that the court enters the confirmation order
On or before the date that the court approves the disclosure statement
At any time prior to the conclusion of the disclosure statement hearing
What is the deadline to object to a debtor's claim of exemptions?
The date that is on or before the original 341 Meeting date
60 days after the petition date
30 days after the original 341 Meeting date
30 days after the conclusion of the 341 Meeting
In a Chapter 11 case, what is the deadline for a creditor to object to discharge?
60 days after the petition date
60 days after the first date set for the 341 Meeting
60 days after the conclusion of the 341 Meeting
On or before the date first set for the hearing on confirmation
Which of the following is/are true?
In a Chapter 7 case, a trustee has 60 days after the petition date to assume or reject an executory contract.
In a Chapter 11 case, an unexpired lease of nonresidential real property under which the debtor is the lessee must be assumed by the earlier of (i) 120 days after the petition date and (ii) the date of the confirmation order, or the lease is deemed rejected.
In a Chapter 11 case, the debtor may, subject to exceptions, assume or reject an executory contract at anytime before confirmation of the plan.
All of the Above
0
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