Exam Number: _
Please write your responses in blue books or type them using ExamSoft.
1. Explain the main policies underlying the Bankruptcy Code. In what ways are these policies at
odds with each other? In what ways have changes to the Ba
Exam # _
Two months before filing bankruptcy, the debtor made the following payments.
He repaid his sister Juliet $5,000 that he borrowed ten years ago, and that she had given
up hope of ever seeing.
He gave his nephew a $10,000 birthday check.
Professor Leslie Burton
1. You have three (3) hours to complete this exam.
2. You may refer to the Federal Bankruptcy Code and any other materials that you wish.
3. This exam consists of three parts for a