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True or False . If a secured party obtains a lien on the debtor's property immediately before the debtor files bankruptcy, the trustee in bankruptcy

True or False . If a secured party obtains a lien on the debtor's property immediately before the debtor files bankruptcy, the trustee in bankruptcy can seek to void the lien.

True or False . the bankruptcy code is designed for businesses and wealthy individuals.

True or False . A debt exemption is the term for the situation that occurs when a debtor is willing to promise to pay a debt even after it is discharged in bankruptcy.

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