Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Management Expert

Management Studies


Home >> Business Management

These debts are not discharged by bankruptcy:

  • Income taxes for the three years prior to filing and property taxes for the prior year
  • Money obtained fraudulently
  • Any loan of more than $600 that a consumer uses to purchase luxury goods within 90 days before the order for relief is granted
  • Cash advances on a credit card totaling more than $875 that an individual debtor takes out within 70 days before the order of relief
  • Debts omitted from the Schedule of Assets and Liabilities that was filed with the petition, if the creditor did not know about the bankruptcy and therefore did not file a proof of claim
  • Money that the debtor stole or obtained through a violation of fiduciary duty
  • Money owed for alimony, maintenance, or child support
  • Debts stemming from intentional and malicious injury
  • Fines and penalties owed to the government
  • Liability for injuries caused by the debtor while operating an automobile under the influence of drugs or alcohol
  • Liability for breach of duty to a bank
  • Debts stemming from a violation of securities laws.
  • Student loans can be discharged only if repayment would cause undue hardship

What is the logic behind making these debts non-dischargeable?

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M91960747
  • Price:- $20

Priced at Now at $20, Verified Solution

Have any Question?


Related Questions in Business Management

1 develop a logic circuit that will produce a 1 on its

1. Develop a logic circuit that will produce a 1 on its output only when all three inputs are 1s or when all three inputs are 0s. 2. Apply DeMorgan's theorems to the following expression: ABC + (ABC)' + (D' + E)'

This is an internet search assignment know asking price

This is an internet search assignment. Know asking price, sales price and try to get the best residential data. Note, most counties have internet data on their assessor web sites. You can find these. Instruction: Go to t ...

We were discussing the concept of systems thinking and how

We were discussing the concept of Systems thinking and how it is essentially learning about oneself in interaction with the surrounding world How do you applying this concept to the work environment.

What should employers consider about compensation and

What should employers consider about compensation and benefits for successful recruitment of talented Gen Xers and millennials?

Scenario you have been asked to develop a company policy on

Scenario: You have been asked to develop a company policy on what should be done in the event of a data breach, such as unauthorized access to your company's customer database. What sort of process would you use to devel ...

What are some alternative methods that can help teach

What are some alternative methods that can help teach companies about the culture of where they want to do business before they make the move?

Generallly while this discussion topic involves looking at

Generallly, while this discussion topic involves looking at some e-activities on Value-Added Health Services, and what they can mean to the patients; we can also look at further factors. Further, while the e-activity giv ...

The original table isnbspstu-maj-adv sid fid majorfd

The original table is  STU-Maj-Adv (SID, FID, Major) FD: FID Major (each faculty specializes only one major) (SID, Major) and (SID, FID) are all candidate keys (CK) assuming a student can have multiple majors. A student ...

You may assume that you have obtained all the approvals

You may assume that you have obtained all the approvals necessary to begin the search process. Using any secondary sources you believe appropriate, define the accountant ' s position; then write a job description for thi ...

What does the gross domestic product gdp omit besides used

What does the Gross Domestic Product (GDP) omit besides used goods and intermediate goods?

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As

Follow Us

© Copyright 2013-14 mywordsolution.com All rights reserved