This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Describe the changes that the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 made ... (Read 26 times)

RODY.ELKHALIL

  • Hero Member
  • *****
  • Posts: 591
on: Jun 24, 2018
Describe the changes that the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 made in prior bankruptcy law.

Question 2

Which of the following types of business organizations requires a formal filing for legally effective creation?
 A) Sole proprietorship
 B) General partnership
 C) Joint venture
 D) Limited partnership


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

TDubDCFL

  • Sr. Member
  • ****
  • Posts: 357
Reply #1 on: Jun 24, 2018
Answer to Question 1

The students should include the following issues:
a. It is much more difficult for consumers to declare straight bankruptcy. The court looks at disposable income and if the party has disposable income, then the consumer must go into a debt adjustment plan rather than straight bankruptcy.
b. The law added to the types of nondischargeable debts.
c. The law changed the property exemptions available for debtors.
d. The law now regulates credit repair organizations.

Answer to Question 2

D


RODY.ELKHALIL

  • Member
  • Posts: 591
Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review

aliotak

  • Member
  • Posts: 326
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Four main models that describe the relationship between ecosystem function and biodiversity. Four main models that describe the relationship between ecosystem function and biodiversity.
Extent of agricultural activity across the planet (data from Foley et al. 2005). Extent of agricultural activity across the planet (data from Foley et al. 2005).
EMERGENCY TRAUMA ASSESSMENT MADE EASY EMERGENCY TRAUMA ASSESSMENT MADE EASY
A technician-made adapter used to test exhaust system back pressure. A technician-made adapter used to test exhaust system back pressure.
Types of Respiratory Protection Devices Types of Respiratory Protection Devices
The profit, p(t), made at a fair depends on the price of the ticket, t. The profit is modelled ... The profit, p(t), made at a fair depends on the price of the ticket, t. The profit is modelled ...
Video: Angiotensin II - kidneys, adrenal glands and dehydration

For a complete list of videos, visit our video library