In a Chapter 7 Bankruptcy,which of the Following Debts May

question 71

Multiple Choice

In a Chapter 7 bankruptcy,which of the following debts may be excluded from discharge?

• A)Debts arising from fraud
• B)Debts arising from embezzlement
• C)Debts arising from driving while intoxicated
• D)Debts arising from larceny
• E)All of these

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Definitions:

Dangerous Chemicals

Substances that pose a considerable risk to human health or the environment due to their toxic, corrosive, reactive, or flammable properties.

Economic Deviance

Activities deviating from accepted economic norms and laws, including both white-collar crimes and other forms of illegal or unethical economic behaviors.

Deviant Motivation

The psychological drive or reasoning behind behavior that deviates from societal norms or expectations.

Unshareable Financial Problem

A financial difficulty that is perceived as so embarrassing or stigmatizing that the individual feels it cannot be disclosed to others.