Ramona Has Received a Discharge in Bankruptcy,but Wants to Reaffirm

question 27

Multiple Choice

Ramona has received a discharge in bankruptcy,but wants to reaffirm a debt to her sister.To be valid,the reaffirmation

• A)will be scrutinized by the court to make sure her sister has not unfairly pressured Ramona.
• B)will be automatically disallowed because allowing Ramona to promise to pay a discharged debt would be contrary to the goals of the bankruptcy proceedings.
• C)will be automatically allowed if Ramona voluntarily chooses to make it.
• D)must clearly disclose that Ramona has the right to rescind at any time since the debt was already discharged.

---

Definitions:

Invalidates

To make something legally null and void or to render it ineffective by establishing its incorrectness or inapplicability.

Community Property

A form of ownership between married couples in some states, where assets acquired during the marriage are considered jointly owned.

Separate Property

Property that a spouse owned before the marriage plus inheritances and gifts acquired by the spouse during the marriage.

No-Fault Divorce

A divorce in which neither party is deemed to be at fault for the breakdown of the marriage.