This topic contains a solution. Click here to go to the answer

Author Question: The legal effect of a reaffirmation is to assert that the debtor will resume the responsibility to ... (Read 44 times)

frankwu

  • Hero Member
  • *****
  • Posts: 549
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
Answer to Question 1

TRUE

Answer to Question 2

TRUE




frankwu

  • Member
  • Posts: 549
Reply 2 on: Aug 2, 2018
Gracias!


phuda

  • Member
  • Posts: 348
Reply 3 on: Yesterday
Excellent

 

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

For a complete list of videos, visit our video library