The bankruptcy code is broken down into two different genres of chapters, what are they and describe each chapter's function.
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Q. #2What is a straw party? Why would a developer use a straw party as part of the development process?
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Q. #3Pension payments, public benefits, domestic support (child support and alimony), unemployment benefits, social security, and payments received from royalties and rents can all qualify as ________ that can be used to fund a Chapter 13 repayment plan.
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Q. #4Explain some of the types of properties developers may acquire.
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Q. #5A(n) ________ is one who holds a position of trust and generally manages the money of another person or persons and has similar powers to those of a Chapter 11 trustee.
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Q. #6Is real estate development a certainty for profitability? Explain.
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Q. #7As with the other chapters of the Bankruptcy Code, the bankruptcy court has the power to dismiss a Chapter 9 filing that was not filed in ________.
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Q. #8What initial determinations do developers have to make before acquiring properties?
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