1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
bazaltina [42]
3 years ago
8

Jordan files for bankruptcy because he has debts of $1 million that he cannot pay. He would like to sign a document to assure hi

s kind aunt Matilda that he will repay all of the $30,000 that she lent him. Jordan could have this debt discharged in the bankruptcy but would rather not. In this situation, Jordan:_____________
Law
2 answers:
pav-90 [236]3 years ago
3 0

Answer:

can sign a reaffirmation agreement

Explanation:

A reaffirmation agreement in the United States bankruptcy law refers to an agreement made between a creditor and the debtor that waives discharge of a debt that would otherwise be discharged in the bankruptcy proceeding.

In the reaffirmation process, the debtor agrees to remain responsible for a debt so that he can keep the property securing the debt (collateral). Reaffirmations are voluntary and are not required by law.

Jordan can sign a reaffirmation agreement in order to keep whatever he uses as the collateral as a promise to repay aunt Matilda's money.

marusya05 [52]3 years ago
3 0

Answer:

Jordan van sign a reaffirmation agreement.

Explanation:

a reaffirmation agreement is the process whereby you agree to remain responsible for a debt after you file for bankruptcy even when it might have been forgiven in the course of the bankrupt proceeding and reaffirmation is strictly voluntary and must be in the best interest of a debtor, since the debtor is not required to reaffirm any of their debts.

However, an individual who just files for bankruptcy might reaffirm a particular debt for whatsoever reason like in the case of Jordan, he decide to reaffirm his debt of  $30,000 to his kind aunt Matilda probably because of her kindness or his obligations towards her

You might be interested in
What type of evidence do you think might be found at each of the following crime scenes? List at least one example for each.
Andrews [41]

Answer:

In the shooting scene, you'd be able to collect the shell of the bullet and that would be one step to find out what type of gun the perpetrator used. You could go through nearby stores and look through their CCTV camera and find out what kind of car it was and maybe even catch a glimpse of the perpetrators face. However if the shooting was in a residential area you could go door to door looking for witnesses. To see if anybody heard or saw anything.

5 0
3 years ago
Public safety! Help answer
Semenov [28]

Answer:

At a high level, public safety involves protecting the public safeguarding people from crimes, disaster, and other potential dangers and threats. In the United States, public safety is the dedicated responsibility of certain government organizations and local departments.

 b

7 0
3 years ago
In the course of stealing and destroying evidence, Monika committed several other crimes—mugging a police officer, setting fire
sleet_krkn [62]

Answer:

Put her on probation and some therapy

Explanation:

Hopefully the probation will make her think about what she has done and the therapy with help with whatever she needs to get out

5 0
3 years ago
Why are ethical constraints important in practicing medicine?
Andreas93 [3]

Answer:

because they will be able to make decision which is right or wrong based upon their moral values. A couple who has conceived after a long medical intervention is requested to make a decision in regards to abortion in view to save the life of women who is comatose due to an accident.

I hope this helped!!!

8 0
3 years ago
Which of the following remain a part of your driving recored for life?
katrin [286]

Answer:

Having no insurance and or DWI

Explanation:

4 0
3 years ago
Read 2 more answers
Other questions:
  • Which statement best describes the values behind the creation of Medicaid?
    15·2 answers
  • Which feature of a microblog allows a user to repost another user's content?
    6·1 answer
  • Find a story in the news in the City of Los Angles that has happened within the last 7 days and in one paragraph answer the foll
    6·1 answer
  • A conference committee is
    10·1 answer
  • A security services contractor can provide security patrol services to a business on a contractual basis
    13·1 answer
  • Does a lawyer who has been practicing law in Colorado for 1 year moves to Minnesota, will he have to take the bar exam in Minnes
    5·1 answer
  • Nicki Minaj (50% full power) vs Scarlet Witch who wins
    9·1 answer
  • Use this circular flow diagram illustrating the roles of businesses and individuals in both the Product and Resource (factor) ma
    11·1 answer
  • The conversation below took place between two U.S. citizens.
    13·1 answer
  • What are executive orders examples?.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!