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Alinara [238K]
3 years ago
10

Which of the following debts could possibly be forgiven under chapter 7 bankruptcy?

Mathematics
2 answers:
Firlakuza [10]3 years ago
8 0
 A car loan. If you owe money on the car, <span>the </span>bankruptcy discharge will remove<span> any and all unpaid balance on that debt.</span>
faust18 [17]3 years ago
5 0

Answer:

The answer is car loan deficiency.

When a person has no money to make payments for the car loan, the car is taken away from him. Either he pays or repossess the car. So basically, he is  already without a car and now the best he can do is, eliminate the debt which is left behind. So yes, it is true that a bankruptcy filing can get rid of a car loan deficiency.

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PSYCHO15rus [73]
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3 years ago
1. Ruth Lockwood earns $2,917 a month as a supervisor for Acme
soldi70 [24.7K]

Answer:

a. 25%

b. $1560

c. $130

Step-by-step explanation:

a.

If 75% is paid by company, the rest is paid by Ruth.

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b.

Per year, the total amount paid is 6240, but Ruth pas 25% of this. So,

25% = 0.25

To get the answer, we multiply 0.25 with 6240.

0.25 * 6240 = 1560

So, $1560 is paid by Ruth annually.

c.

Since 1560 is paid annually (in 12 months), each month Ruth has to pay:

1560/12 = $130

Hence, $130 is deducted each month from her paycheck

6 0
3 years ago
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Bas_tet [7]
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4 years ago
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svetlana [45]

Answer:

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