Deck 37: Adapting the Law to the Online Environment: The Debt That Never Goes Awayits Discharged in Bankruptcy but Still on the Debtors Credit Report

Question 1

In the facts of the previous question,according to the court in the Central case,a party that would prefer a different result should seek relief from

A)Congress.
B)the courts.
C)the president.
D)the students of WSU and other state schools.

Answer 1

A

Question 2

In the facts of the first question,according to the reasoning of the dissent in the Central case,the prevailing party would be

A)both Vance and WSU.
B)neither Vance nor WSU.
C)Vance.
D)WSU.

Answer 2

B

Question 3

Orly's debts are discharged in a liquidation bankruptcy.Pester & Recover,Inc. ,buys the discharged debt obligations.With respect to these debts,Pester

A)can do nothing.
B)can pressure Orly into paying them.
C)must give Orly additional help to rebuild her life after the discharge.
D)must report the debts to credit reporting agencies as "discharged."

Answer 3

B

Question 4

Dale's debts are discharged in a liquidation bankruptcy.With respect to Dale's prebankruptcy debt,Even Stevens Credit Reporting Agency must automatically report

A)nothing.
B)the debt as "discharged," except the nondischargeable debt.
C)the debt as "discharged," including the nondischargeable debt.
D)the debt as "unpaid."

Question 5

Unicameral Production,Inc. ,files for bankruptcy.Vance,Unicameral's bankruptcy trustee,wants to recover a transfer that Unicameral made to Wisconsin State University (WSU)less than ninety days earlier.WSU asserts its sovereign immunity.Under the majority's holding in Central Virginia Community College v.Katz,the party most likely to prevail in this situation is

A)both Vance and WSU.
B)neither Vance nor WSU.
C)Vance.
D)WSU.