Question
1) BAPCPA requires that a debtor be subjected to the means and median income tests.Explain the median income test and what it means for the
1) BAPCPA requires that a debtor be subjected to the means and median income tests.Explain the median income test and what it means for the debtor if his/her income is above the state median.
2) Explain the means test provided for by BAPCPA.When is it required?What does it mean if a debtor has disposable income?
3) Even though bankruptcy is legal, many people believe it is unethical.What are the ethical issues associated with the bankruptcy process in general?Do you think it is ethical to avoid paying back money you have borrowed?Why or why not?
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International Business Law and Its Environment
Authors: Richard Schaffer, Filiberto Agusti, Lucien J. Dhooge
9th edition
1285427041, 978-1285427041
