On a motion to value collateral, if the court determines that the value of the collateral is lower than the balance of a loan on a vehicle, for instance, that loan balance will be reduced to zero
Indicate whether the statement is true or false
FALSE
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Although property division and nonsupport orders for the benefit of a spouse are not dischargeable in Chapter 7, they are in
A) Chapter 12 B) Chapter 9 C) Chapter 11 D) Chapter 13
An offer can specify how long it will remain in effect
Indicate whether the statement is true or false
Creditor Y filed a claim against the estate and the personal representative denied the claim because the alleged debt was over twenty years old. On what basis was Creditor Y's claim most likely disallowed?
a. Estate insolvency b. Presentation of the claim after the expiration date c. The claim is incorrect or invalid d. Statute of limitations
The model penal code recognizeswhichof the following in regard to obstructing governmentaloperations?
A. Actions,embellishments,significance B. Accessories, embellishments, significance C. Accessories, persons, principals D. Events, persons,principals