test folder

ii 2. Means Testing ....................................................................... 42 a. Chapter 7 Means Test ................................................... 42 b. Chapter 13 Means Test ................................................. 44 3. Insolvency ............................................................................. 45 B. Type of Filing ........................................................................... 47 1. Voluntary Filing .................................................................... 47 2. Involuntary Filing .................................................................. 48 C. Procedural Matters .................................................................... 49 1. Bankruptcy Petition ............................................................... 49 2. Schedules and Statements ..................................................... 50 V. Administration of the Bankruptcy Case ....................................... 53 A. Estate Fiduciaries – Debtors-in-Possession and Trustees ......... 53 B. Debtor's Estate ......................................................................... 53 1. Property of the Estate ............................................................ 53 2. Substantive Consolidation ..................................................... 56 C. Automatic Stay ......................................................................... 58 1. General Protections and Limitations ..................................... 58 2. Specific Protections and Limitations ..................................... 58 3. Relief from the Automatic Stay............................................. 64 D. Claims in Bankruptcy ............................................................... 66 1. Definition of "Claim" ............................................................ 66 2. Types and Priority of Claims................................................. 67 a. Administrative Expense Claims .................................... 67 b. Secured Claims ............................................................. 71 c. Priority Unsecured Claims ............................................ 72 d. Non-Priority Unsecured Claims .................................... 75 e. Subordination of Claims ............................................... 75 3. Setoff and Recoupment ......................................................... 79 a. Setoff ............................................................................. 79 i. Triangular Setoff ............................................... 81 b. Recoupment .................................................................. 83 4. Filing Proofs of Claim or Interest .......................................... 84 5. Allowance of Claims or Interests .......................................... 85 6. Estimation of Claims ............................................................. 88 7. Claims Trading ...................................................................... 89 E. Administrative Powers ............................................................. 89 1. Adequate Protection .............................................................. 89 2. Use, Sale and Lease of Property ............................................ 91 a. Generally ....................................................................... 91 b. Cash Collateral .............................................................. 92 c. Asset Sales .................................................................... 93

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