A Chapter 13 debtor receives a discharge upon confirmation of the Chapter 13 plan.
Answer the following statement true (T) or false (F)
False
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A defendant can be liable for an innocent misrepresentation if the defendant makes a material misrepresentation during the course of trying to close a sale.
Answer the following statement true (T) or false (F)
The creditor(s) initiating an involuntary bankruptcy must file an involuntary petition that conforms substantially to Official Form No. 5, along with the filing fee.
Answer the following statement true (T) or false (F)
Under TSCA, manufacturers must do all of the following EXCEPT:
a. Conduct tests on chemicals they manufacture b. Submit a PMN when required c. Prepare special reporting on PCB manufacture d. Comply with TSCA in importing chemicals
If the debtor obtained credit fraudulently, and the creditor can prove it, debt in connection with the credit card may be ruled nondischargeable
Indicate whether the statement is true or false