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 58 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
Great answer, keep it coming :)

mcabuhat

  • Member
  • Posts: 344
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

The enhancement effect observed by Emerson. The enhancement effect observed by Emerson.
The Role of Microfilaments in Cell Movement-Showing Cause and Effect in Biology 2 The Role of Microfilaments in Cell Movement-Showing Cause and Effect in Biology 2
The Greenhouse Effect The Greenhouse Effect
The Flynn Effect The Flynn Effect
First-pass effect. First-pass effect.
Effect of Increasing the Investment Rate on the Steady State Effect of Increasing the Investment Rate on the Steady State
Video: Protein catabolism - deamination

For a complete list of videos, visit our video library