Joan and james are filing bankruptcy and have listed the


Read and analyze this scenario, then answer the questions below

Joan and James are filing bankruptcy and have listed the following items in response to questions asked.

Review and identify which of these items would be permitted in bankruptcy and why?

If any items would not be permitted in bankruptcy, explain why?

Explain any other issues you see with their responses

Joan transferred her shared of stock to her sister 60 days prior to filing bankruptcy

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