Before Filing for Bankruptcy, a Consumer-Debtor Must Receive Credit Counseling

question 70

True/False

Before filing for bankruptcy, a consumer-debtor must receive credit counseling.

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Definitions:

Respecting Authority

The act of acknowledging and adhering to the rules, directives, and positions of those in power or leadership.

Potentially Dangerous Situations

Circumstances that may lead to harm or adverse outcomes if not properly managed or avoided.

Volunteering Time

The act of offering one's time and services without financial compensation for the benefit of others, a community, or a cause.

Potentially Dangerous Situations

Scenarios that could lead to harm or threat due to their risky or unsafe nature.