Bankruptcy attorneys who charge any fees or receive any other valuable consideration in the course of providing bankruptcy assistance are considered debt relief agents.
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Q. #2The three important Bankruptcy Code sections apply to debt relief agencies are: 11 U.S.C. 526, 527, and 528.
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Q. #3Bankruptcy paralegals are non-attorneys who work under the direct supervision of an attorney, who will hold them accountable to Bankruptcy Code regulations.
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Q. #4The financial examiner is appointed by the court in Chapter 11 cases to look into the financial affairs of a debtor.
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Q. #5It is not necessary to double-check and verify cases or other legal citations found in encyclopedias before relying on them, because they are always current.
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Q. #6Encyclopedias are not primary legal materials but are appropriately utilized as secondary and even tertiary source leads.
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