Which of the following is true of the 1978 bankruptcy law in the United States?
A) It made it easier for debtors to be relieved of much of their debt.
B) It was deemed to be "creditor friendly."
C) It prevented debtors from escaping their unsecured debts.
D) It was enacted as a result of lobbying by credit card companies and banks.
Correct Answer:
Verified
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