Answer the following statement(s) true (T) or false (F)

1. An employer may not fire an employee for any reason that violates a federal or state law.
2. Bankruptcy, exempt assets are sold to pay creditors.
3. Dischargeable debts include alimony, child support, taxes and student loans.
4. Liquidation under bankruptcy law occurs for businesses and for individual wage earners.
5. A debtor must provide a certificate that he has completed credit counseling before filing a petition in bankruptcy but not after discharge.
6. Under the Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) if a debtor has less income than the state median, then it is presumed that the filing of bankruptcy is an abuse of the provisions.


1. True
2. False
3. False
4. False
5. False
6. False

Legal Studies & Paralegal

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