Recap of 11-02-06 - day2 day1 day3

1. two main types of bankruptcy chp. 7 and chp. 13 - see http://docs.google.com/View?docid=dcbqv9sm_31hcv2wn and http://profj.us/outlines
2. Title 11 U.S. C. - found at Cornell - http://law.cornell.edu/uscode/11 - federal codes - http://www.law.cornell.edu/uscode/
3. Secured property - defined by UCC - 9-102(a)(72) - http://www.law.cornell.edu/ucc/ucc.table.html - http://docs.google.com/View?docid=dcbqv9sm_29g5g9kv
4. terminology - http://docs.google.com/View?docid=dcbqv9sm_284kgfwr - http://www.moranlaw.net/glossary.htm
5. advantages and disadvantages of filing a bankruptcy - http://docs.google.com/View?docid=dcbqv9sm_30g7r6zb
6. covered general principles of law - review
7. goals - 1) an equitable distribution of the nonexempt property of the debtor among creditors; and (2) to provide the debtor with a “fresh start” in life by relieving the debtor of the burden of existing debt.
8. what is a trustee and how is one selected - http://www.lawdog.com/bkrcy/lib2a4a.htm - 11 U.S.C. Section 704 - and duties of a trustee - http://docs.google.com/View?docid=dcbqv9sm_32dvgkk5
9. case number what is it - http://docs.google.com/View?docid=dcbqv9sm_33g9hkkq
10. Order of priority - order-priority - http://lawdog.com/bkrcy/bkcp7g.htm
11. furniture - motion to void liens - http://www.debt-relief-bankruptcy.com/faq-browse11-10/bankruptcy-guide.asp - http://www.moranlaw.net/lien.htm - non-possessory
12. are disability payments regular income - disability-payments
13. payment to Amy Hardluck's mother Bonnie - $3500 towards $5000 they borrowed - unsecured? - voidable transfers - http://www.moranlaw.net/preferences.htm
14. luxury goods - 90 days - purchase of vacation - luxury goods