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Author Question: A ________ occurs when the debtor transfers assets to a creditor prior to filing for bankruptcy. ... (Read 93 times)

cmoore54

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A ________ occurs when the debtor transfers assets to a creditor prior to filing for bankruptcy.
 
  A) Discharge
  B) Dismissal
  C) Charge
  D) Voidable preference

Question 2

A ________ is a loan granted to the debtor in exchange for a lien on the property.
 
  A) Payday loan
  B) Personal loan
  C) Secured claim
  D) Nonpriority claim.



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Zebsrer

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Answer to Question 1

D

Answer to Question 2

C




cmoore54

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


meow1234

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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