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Author Question: Do you agree with the enactment of BAPCPA? Why or why not? Has it helped or hindered the bankruptcy ... (Read 29 times)

cnetterville

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on: Aug 3, 2018
Do you agree with the enactment of BAPCPA? Why or why not? Has it helped or hindered the bankruptcy process? Provide support for your answers.
 
  What will be an ideal response?

Question 2

What is a time share? Is it a form of real estate ownership? Why or why not?
 
  What will be an ideal response?


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jamesnevil303

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Reply #1 on: Aug 3, 2018
Answer to Question 1

Subjective response designed to measure students' grasp of material. Students should cite specific examples such as means testing, more intensified role of bankruptcy attorney, pre and post-petition credit counseling, to support their answers.

Answer to Question 2

A time share is a fractional ownership of property usually based on a time factor, such as a particular week or month every year. A time share is not a true ownership interest in real estate. A time share represents only the right to occupy and use a place for a specified time period.


cnetterville

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Reply #2 on: Aug 3, 2018
Both answers were spot on, thank you once again


jamesnevil303

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Reply #3 on: Aug 3, 2018
Great! Please up vote :D


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