Solved

Reconstruction Building Services Receives a Discharge in Bankruptcy,even Though Some

Question 14

Multiple Choice

Reconstruction Building Services receives a discharge in bankruptcy,even though some creditors hold judgments on overdue debts against it and others filed ac?tions to collect on overdue debts before the bankruptcy.Reconstruction's dis?charge will


A) absolve the liability of any co-debtors.
B) permit the debtor to enter into reaffirmation agreements.
C) allow the debtor to file a petition for a reorganization.
D) prohibit actions and void judgments regarding overdue debts.

Correct Answer:

verifed

Verified

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

Related Questions