RESPA places limitations on the amount of money a lender can escrow for taxes and insurance. 

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


True

Legal Studies & Paralegal

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?Some promises are indefinite because they lack the essential terms that assist the court in determining a remedy.

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

Legal Studies & Paralegal

Court always try to reach an equal distribution of marital assets by requiring all assets to be sold and the profits then split

Indicate whether the statement is true or false

Legal Studies & Paralegal

The purpose of calculating disposable income is to determine whether the client is financially able to pay off the existing debt over a three- to five-year period under a court-monitored Chapter 13 repayment plan

Indicate whether the statement is true or false

Legal Studies & Paralegal

All of the following are examples of debt that would be governed by the Fair Debt Collection Practices Act except:

A. Hospital expenses B. A purchase money mortgage on a family residence C. Business travel expenses D. A car loan E. None of the above

Legal Studies & Paralegal