Credit counselors are regulated under:
a. the Fair Debt Collections Practices Act.
b. Dodd-Frank - Consumer Financial Protection Act.
c. the Credit Repair Organizations Act.
d. the Fair Credit Billing Act.
Ans: a. the Fair Debt Collections Practices Act.
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The removal of program errors is called ______________________________
Fill in the blank(s) with correct word
Give an account of experimental research
What will be an ideal response?
Six months before filing for bankruptcy, Shirley sold her new car to her brother for $100 so that her creditors could not claim it. The market value of the car was $8,000 at the time of the sale. Under these circumstances, the transfer is ________.
A. voidable by the trustee because Shirley did not receive fair consideration for this transfer B. voidable by the creditors because it was done with intent to defraud the creditors C. not voidable because the transfer occurred between two relatives D. not voidable by the trustee because the transfer occurred 6 months before Shirley filed her bankruptcy petition
Payroll is an example of a contingent liability for the employer.
Answer the following statement true (T) or false (F)