During the consultation, it becomes obvious that the debtor's bankruptcy needs to be filed quickly to avoid a garnishment on Friday of next week. When asked if the debtor has used his credit cards recently, he states that he spent $644 on groceries in the last two weeks. How would this affect the bankruptcy?
Correct Answer:
Verified
Q4: The debtor purchased an $800 television two
Q5: The debtor had a cash advance of
Q6: To determine when a credit card was
Q7: What limits are imposed on cash advances
Q8: If a laptop is considered a luxury
Q10: Since the client listed a lawsuit in
Q11: Clients should provide the following to obtain
Q12: By law, how many times a year
Q13: The major credit reporting bureaus are:
A) Equifax
B)
Q14: If the client has provided credit reports
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