Resolution Professional examination: RP must assess fresh start applications and report acceptance or rejection, citing qualifying debts and rejection grounds. The Resolution Professional must examine a Fresh Start application within ten days, report recommendation to accept or reject, identify amounts considered ... Summary
Resolution Professional examination: RP must assess fresh start applications and report acceptance or rejection, citing qualifying debts and rejection grounds.
The Resolution Professional must examine a Fresh Start application within ten days, report recommendation to accept or reject, identify amounts considered qualifying debts and liabilities eligible for discharge, may seek further information with a seven day response period, may presume inability to pay if application information indicates so and circumstances have not changed, and must record reasons for acceptance or rejection and provide the report copy to the debtor.
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