Lori owes the bank the full amount of the loan that she guaranteed since collection action against Becky was unsuccessful.
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Q21: Even if a debtor's salary is more
Q22: Only businesses are able to file for
Q27: Creditors can force a company into bankruptcy
Q28: Before an individual is allowed to file
Q29: An individual filing for Chapter 7 may
Q32: The bankruptcy trustee is appointed to represent
Q33: In liquidation secured creditors are paid first
Q34: If the creditor may keep the property
Q35: Chapter 7 allows business entities to keep
Q37: The U.S.Constitution does not address bankruptcy laws.
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