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Author Question: A creditor who enters into a reaffirmation agreement ________ all of its legal and equitable rights ... (Read 49 times)

Bernana

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A creditor who enters into a reaffirmation agreement ________ all of its legal and equitable rights to collect the debt and pursue the debtor in satisfaction of this obligation.
 
  A) Forfeits
  B) Foregoes
  C) Surrenders
  D) Retains

Question 2

A debtor may strike an agreement with a creditor to waive the discharge of the debt in a bankruptcy proceeding. This is known as a(n) ________ agreement.
 
  A) Corpus
  B) Ex-parte
  C) Reaffirmation
  D) Reassuring



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bulacsom

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Answer to Question 1

D

Answer to Question 2

C




Bernana

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


Viet Thy

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

 

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