Author Question: State the debts that cannot be avoided by bankruptcy.[br][br][b][color=#7BCCB5]Question ... (Read 149 times)

fnuegbu

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State the debts that cannot be avoided by bankruptcy.

Question 2

Employers who are covered under the Age Discrimination in Employment Act (ADEA) should employ at least:
 A) five employees.
 B) twelve employees.
 C) fifteen employees.
 D) twenty employees.



Benayers

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Answer to Question 1

Certain obligations cannot be avoided by bankruptcy. The most important of these claims include:
1. Claims for alimony and child support

2. Taxes incurred within three years

3. Debts owed by reason of embezzlement

4. Debts due on a judgment for intentional injury to others, such as a judgment obtained for assault and battery

5. Wages earned within three months of the bankruptcy proceedings

6. Debts incurred by means of fraud

7. Educational loans

Answer to Question 2

D



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