Exempt property:
a. May sometimes be seized and sold to pay debts to judgment creditors
b. May not be seized and sold to pay debts owed to judgment creditors
c. May be seized and sold to pay debts owed to judgment creditors only after all
nonexempt property has been sold
d. Is property that is exempt from federal taxation
B
You might also like to view...
TheNALA's Model Standards and Guidelines for the Utilization of Paralegals?
A. ?lists the minimum qualifications that paralegals should have. B. ?indicates what paralegals may do. C. ?indicates what paralegals may not do. D. ?All of these choices are correct.
You respond to a “work from home” online ad. Under your work arrangement, your employer remotely operates your computer and pays you for the computer time. You think it’s a great gig until the FBI comes to your door and asks to see your computer’s hard drive. 192 Your best defense is:
A) Explain that you are merely working a part-time job and have no criminal intent, but you will cooperate fully with the investigation as long as you have your attorney to advise you. B) Tell the FBI to go away and come back when they have a warrant. C) Lie and say you don’t have a computer. D) Tell the FBI that you really are a Nigerian prince with millions of dollars to move to the U.S. so you aren’t lying to all those people. E) all of the above
A debt may become nondischargeable if
A) The debtor lies or fails to cooperate with the trustee. B) The debtor fails to explain adequately any loss of assets to the court. C) The debtor refuses to cooperate with and comply with any orders from the bankruptcy court. D) All of the above E) None of the above
A red rover expert is one who has been
a. de-designated as a testifying expert. b. designated as a purely consulting expert. c. de-designated as an in-house expert. d. designated as a testifying expert.