In Order to Reduce Creditor Attempts to Pressure Debtors to Reaffirm,which

question 54

Multiple Choice

In order to reduce creditor attempts to pressure debtors to reaffirm,which of the following acts requires that a reaffirmation promise be made prior to the date of the discharge and gives the debtor the right to revoke his promise within 30 days after it becomes enforceable?

• A) The National Labor Relations Act
• B) The Bankruptcy Abuse Prevention and Consumer Protection Act
• C) The Uniform Debt-Management Services Act
• D) The Bankruptcy Reform Act

---

Definitions:

Claim

A claim is a demand for something due or believed to be due, typically a request for payment in relation to a debt or an insurance policy.

Creditor

An individual or entity that is owed a debt or other obligation by another individual or entity, known as the debtor.

1994 Amendments

Refers to specific changes or updates made to legislation or regulatory frameworks in the year 1994.

U.S. Judicial Conference

The U.S. Judicial Conference is the policymaking body for the federal court system, tasked with ensuring the efficient administration of justice within the federal judiciary.