Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

707(b) action

Read a random definition: unlawful assembly

A quick definition of 707(b) action:

707(b) action: A 707(b) action is when someone asks the court to dismiss a person's bankruptcy case because they think the person is trying to take advantage of the bankruptcy system. This can happen if the court thinks the person is not being honest or is trying to hide something.

A more thorough explanation:

Definition: A 707(b) action is a legal motion that can be filed by the court, the United States trustee, the trustee, the administrator, or any party involved in a bankruptcy case. This motion requests that the debtor's case be dismissed because granting relief would be an abuse of the provisions outlined in Chapter 7 of the United States Bankruptcy Code.

Example: In the case of In re Stewart, the court was asked to consider a 707(b) action. The debtor had filed for Chapter 7 bankruptcy, but the trustee argued that the debtor had enough disposable income to pay off their debts through a Chapter 13 bankruptcy instead. The court ultimately agreed with the trustee and dismissed the debtor's case, stating that granting relief under Chapter 7 would have been an abuse of the bankruptcy system.

Explanation: This example illustrates how a 707(b) action can be used to prevent a debtor from abusing the bankruptcy system. In this case, the court determined that the debtor had enough income to pay off their debts through a different type of bankruptcy, and therefore, granting relief under Chapter 7 would have been inappropriate. By dismissing the case, the court ensured that the debtor could not take advantage of the system and avoid paying their debts.

401(k) plan | 90-day letter

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
LSD+ is ad-free, with DMs, discounts, case briefs & more.