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

Author Question: The legal effect of a reaffirmation is to assert that the debtor will resume the responsibility to ... (Read 47 times)

frankwu

  • Hero Member
  • *****
  • Posts: 549
on: Aug 2, 2018
The legal effect of a reaffirmation is to assert that the debtor will resume the responsibility to pay off the loan.
 
  Indicate whether the statement is true or false

Question 2

A fraudulent conveyance occurs when the debtor transfers assets to a third party to prevent creditors from satisfying their claims after the debtor files for bankruptcy.
 
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

wfdfwc23

  • Sr. Member
  • ****
  • Posts: 338
Reply #1 on: Aug 2, 2018
Answer to Question 1

TRUE

Answer to Question 2

TRUE


frankwu

  • Member
  • Posts: 549
Reply 2 on: Aug 2, 2018
YES! Correct, THANKS for helping me on my review

recede

  • Member
  • Posts: 315
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Effect of pH on oxygen binding to hemoglobin Effect of pH on oxygen binding to hemoglobin
The Serial Position Effect The Serial Position Effect
Effect of stimulus strength on size of graded potential. Effect of stimulus strength on size of graded potential.
Effect of Landfall Effect of Landfall
Sample of résumé content. Sample of résumé content.
Cocaine’s Effect on the Brain Cocaine’s Effect on the Brain
Video: How to find out if a population is evolving?

For a complete list of videos, visit our video library