Question: Match the following terms with the correct description: ___ A. Fresh start ___ B. Fraudulent transfer ___ C. Exempt property ___ D. Reaffirmation ___ E.
___ A. Fresh start
___ B. Fraudulent transfer
___ C. Exempt property
___ D. Reaffirmation
___ E. Voidable preference
1. Property individual debtors can keep for themselves
2. Debtors are not liable for money owed before the filing
3. Debtor’s promise to pay a debt after discharge
4. Payment to a creditor immediately before filing
5. Payment made within the year before a petition is filed with the goal of hindering creditors
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2 A Fresh start 5 B Fraudulent transfer 1 C Exempt property 3 D Reaffirmation 4 E V... View full answer
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