Question

Eagle Corp. is a general creditor of Dodd. Dodd filed a petition in bankruptcy under the liquidation provisions of the Bankruptcy Code. Eagle wishes to have the bankruptcy court either deny Dodd a general discharge or not have its debt discharged. The discharge will be granted, and it will include Eagle's debt even if:__________.

A. Dodd filed and received a previous discharge in bankruptcy under the liquidation provisions within 5 years of the filing of the present petition.
B. Eagle's debt is unscheduled.
C. Eagle was a secured creditor not fully satisfied from the proceeds obtained on disposition of the collateral.D. Dodd unjustifiably failed to preserve the records from which Dodd's financial condition might be ascertained.

Answer 1

The discharge will be granted, and it will be including Eagle's debt even if:

C. Eagle was a secured creditor not fully satisfied from the proceeds obtained on disposition of the collateral.

Step-by-step explanation:

Here, it is mentioned that Eagle corporation is a general creditor of Dodd. Dodd and had filed a petition under the provisions of liquidity of the Bankruptcy code.

Now this corporation wishes that the bankruptcy court either deny the Dodd. for a general discharge or else not have a debt of its own to be discharged.

So,

The discharge will be granted, and it will be including Eagle's debt even if:

C. Eagle was a secured creditor not fully satisfied from the proceeds obtained on disposition of the collateral.

Discharge in bankruptcy: The discharges in bankruptcy deals with the types of cases which are being filed by the debtors. The type of file cases which get filed by the debtors are granted the discharged in their individual cases.