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Violators of the False Claims Act Are Liable for Four

question 30

True/False

Violators of the False Claims Act are liable for four times the dollar amount for which the government was defrauded.

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Definitions:

Creditors

Individuals or entities to whom money is owed by a debtor.

The Trustee

An individual or organization appointed to administer the assets of a trust for the benefit of the beneficiaries according to the terms of the trust document.

Automatic Stay

A provision in bankruptcy law that temporarily stops lawsuits, foreclosures, garnishments, and all collection activity against the Debtor the moment a bankruptcy petition is filed.

Creditor Litigation

Legal proceedings initiated by a creditor to collect debts owed by a debtor who has failed to make payments.

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