PROBLEM 6-4: THE GOODSHIP HARDSHIP DISCHARGE way Assume the same facts as Problem 6-3, except that...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
PROBLEM 6-4: THE GOODSHIP HARDSHIP DISCHARGE way Assume the same facts as Problem 6-3, except that about 75% of the through his plan, Ponoroff develops dementia and, as a consequence, loses his job, and his income is relegated to monthly disability payments in an amount that is a small fraction of his inflated law professor salary. For these reasons, Ponoroff is unable to complete his plan. Is Ponoroff possibly entitled to any sort of discharge? If so, what additional facts do you want to know? Even if Ponoroff receives a discharge, can Markell go after him for the balance due under the original $25,000 loan? See section 1328(b). PROBLEM 6-4: THE GOODSHIP HARDSHIP DISCHARGE way Assume the same facts as Problem 6-3, except that about 75% of the through his plan, Ponoroff develops dementia and, as a consequence, loses his job, and his income is relegated to monthly disability payments in an amount that is a small fraction of his inflated law professor salary. For these reasons, Ponoroff is unable to complete his plan. Is Ponoroff possibly entitled to any sort of discharge? If so, what additional facts do you want to know? Even if Ponoroff receives a discharge, can Markell go after him for the balance due under the original $25,000 loan? See section 1328(b).
Expert Answer:
Posted Date:
Students also viewed these law questions
-
Why do most cities in the United States now have more radios but fewer radio repair shops than they did in 1960?
-
(a) What is meant by the do-nothing alternative? (b) When is the do-nothing alternative not an option?
-
Evaluate the following integral: (a) Analytically; (a) Single application of the trapezoidal rule; (c) multiple-application trapezoidal rule, with n = 2 and 4; (d) Single application of Simpsons 1/3...
-
What are the advantages and disadvantages of biometric security devices, such as fingerprint readers, in comparison with other security measures such as passwords and locked doors?
-
A college student, Austin Keynes, wished to purchase a new entertainment system from Friedman Electronics, Inc. Because Keynes did not have the cash to pay for the entertainment system, he offered to...
-
A company s debentures of the face value of Rs 1 0 0 bear an 8 per cent coupon rate. Debentures of this type currently yield 1 0 per cent. What is the market price of debentures of the company?...
-
Q3- Survey were carried out on natural ground, along the midline of a road project. The following staff readings are recorded (1.150, 1.550, 2.350, 2.650, 1.800, 2.750,1.600, and 2.550m). Note that...
-
For each the following fallacies, find at least one advertisement that is an instance of it: Appeal to Authority False Dilemma Irrelevant Reason Equivocation Appeal to Popularity Appeal to Tradition...
-
Discuss the employee lifecycle stages, and give example for each?
-
10. Let us now construct the vector (matrix representation) for a function g(x) = -2x+1 using 1(a) and 62(a) as the basis set. That is, we want to express the function g(x) as, g) () What is the...
-
Discuss how larger forces, such as social trends, industry changes, and the economy, can influence a supervisor's role. Provide real-world examples and where these factors had an impact.
-
Discuss performance management, training and development, and recruitment and selection of Forbes Marsall and how these HRM practices support the firm in its organizational goals achievement....
-
Why should strategic managers pay attention to cognitive biases and be able to recognize them in their strategic planning process? a. So that they can exclude or fire managers who exhibit these...
-
A report from the college dean indicates that for the previous semester, the grade distribution for the Department of Psychology included 135 As, 158 Bs, 140 Cs, 94 Ds, and 53 Fs. Determine what kind...
-
Why does the firm maximize profits where marginal revenue equals marginal cost?
-
What is average revenue?
-
The marginal revenue of a perfectly competitive firm a. decreases as output increases. b. increases as output increases. c. is constant as output increases and is equal to price. d. increases as...
Study smarter with the SolutionInn App