Question

Petulia is a debtor. Her employer Quantum Investments, Inc., her alma mater State University, and TimePay Credit Company are her creditors. For these parties, a petition in bankruptcy for relief through an individual's repayment plan could be filed on Petulia's behalf by Petulia and

A) Her attorney
B) Quantum Investments, Inc.
C) State University
D) TimePay Credit Company

Answer 1

Petulia can have a bankruptcy petition filed on her behalf by either herself or her attorney, not by any of her creditors. The correct answer is A) Her attorney.

Step-by-step explanation:

The subject of this question is bankruptcy law, which falls under the broader category of law. When filing a petition in bankruptcy, specifically for relief through an individual's repayment plan, Petulia can have the petition filed on her behalf by either herself or her attorney. Therefore, the correct answer is A) Her attorney.

Creditors, such as Quantum Investments, Inc., State University, and TimePay Credit Company, although they are involved in the bankruptcy process, do not have the authority to file a bankruptcy petition on behalf of a debtor. Only the debtor themselves or their attorney can initiate the process. It is important to note that bankruptcy law varies by jurisdiction, but typically, the rights for filing a petition are limited to the debtor and their legal representative.