Commercial Law I —- Chp#16

Commercial Law I —- Chp#16

Please respond to the following. Your answer needs to includes, your statement and a specific discussion that supports your ideas. It should be based on the legal aspects rather than your personal view and should be supported with a specific discussion that supports your idea(s).

1.  What is the difference between a mechanic’s lien and a judicial lien?  (This can be a short answer.)
2.  What was the court’s reasoning in the case, Hebbring v U.S. Trustee, which is posted on Blackboard?
3.  Please explain how means testing works, when a debtor files for Ch. 7 bankruptcy. (This might require a bit of independent research, but nothing terribly substantial.)

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