What Is the Expected Result of the Bankruptcy Abuse Prevention

question 4

Multiple Choice

What is the expected result of the Bankruptcy Abuse Prevention and Consumer Act of 2005?

• A)It will be more difficult for a lender to collect unpaid principal when a borrower files for bankruptcy.
• B)It will be more difficult to file for bankruptcy.
• C)It will be easier to file for bankruptcy.
• D)The number of Chapter 14 bankruptcy filings will increase.
• E)Both a and d above.

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Definitions:

Everyday English

The common and informal use of the English language in daily communication, as opposed to formal or literary English.

Positive Emphasis

Focusing on positive aspects in communication to create a favorable impression or outcome.

Misused

Refers to something being used in the wrong way or for the wrong purpose.

Reputation

The beliefs or opinions that are generally held about someone or something's character or quality.