Solved

Vince Declares Personal Bankruptcy in 2015

Question 50

Multiple Choice

Vince declares personal bankruptcy in 2015. Which of the following debts will NOT be discharged by the bankruptcy?


A) $12,000 he owes his ex-wife for spousal support
B) $9,000 he owes the bank on a line of credit
C) $8,000 he owes in unpaid rent
D) $20,000 he owes in unpaid income tax
E) none of these debts would be discharged in a personal bankruptcy

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions