Which of the Following Is a Valid Objection to a Discharge

question 47

Multiple Choice

Which of the following is a valid objection to a discharge in bankruptcy?

• A) The debtor has more than 12 creditors and only 7 have filed for involuntary bankruptcy.
• B) The debtor wants an opportunity to reorganize his or her business.
• C) The debtor was unaware of embezzlement by his or her financial advisors.
• D) The debtor is not able to satisfactorily explain the loss in assets.

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Definitions:

Common Compulsion

Repetitive behaviors or mental acts that an individual feels driven to perform in response to an obsession or according to rules that must be applied rigidly.

Obsessive-Compulsive Disorder

A mental disorder characterized by recurrent, unwanted thoughts (obsessions) and/or repetitive behaviors (compulsions) that one feels compelled to perform.

Arranging And Rearranging

A cognitive process involving organizing or reorganizing information or objects to solve problems or create new perspectives.

Anxiety And Anxiety-Related Disorders

These are mental health conditions characterized by significant fear, nervousness, and worry, often accompanied by physical symptoms like heart palpitations and sweating.