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Under the liquidation provisions of the federal Bankruptcy Code, a debtor will be denied a discharge in bankruptcy if the debtor_____________.

User Esqarrouth
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Final answer:

A debtor will be denied a discharge in bankruptcy for conduct such as committing perjury, destroying or hiding assets to defraud creditors, or failing to keep appropriate financial records. Engaging in unlawful transactions or concealing property close to the time of filing are also grounds for denial.

Step-by-step explanation:

Under the liquidation provisions of the federal Bankruptcy Code, a debtor will be denied a discharge in bankruptcy if the debtor has engaged in certain improper conduct. This can include but is not limited to the following actions: committing perjury during the bankruptcy proceedings; destroying or hiding property to defraud creditors; failing to maintain appropriate financial records; unlawfully transferring, removing, destroying, mutilating, or concealing property within one year before the date of the filing of the petition; or within the bankruptcy case itself.

It is crucial for a debtor to comply with the legal requirements of the Bankruptcy Code to ensure the possibility of a discharge. Under the liquidation provisions of the federal Bankruptcy Code, a debtor will be denied a discharge in bankruptcy if the debtor engages in certain prohibited behaviors, such as defrauding creditors, concealing assets, or making false statements under oath. These actions are considered bankruptcy fraud and can result in a denial of discharge.

User Wij
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