When a debtor is filing for bankruptcy, the he or she is required by law to participate in consumer credit counseling known as pre-petition credit counseling or pre-filing counseling within ________ days before the petition is filed or risk having the petition dismissed by the bankruptcy court.
Fill in the blank(s) with correct word
Q. #2What are the methods of marketing a real estate agent might utilize?
What will be an ideal response?
Q. #3Bankruptcy attorneys have the authority to take control of the assets, investigate fraud, uncover hidden assets, and recover fraudulently transferred property.
Indicate whether the statement is true or false
Q. #4Creditors are allowed to literally force an uncooperative debtor into what is known as an involuntary bankruptcy.
Indicate whether the statement is true or false
Q. #5How is the listing price determined in a listing agreement?
What will be an ideal response?
Q. #6What is a seller's disclosure statement and what purpose does it serve?
What will be an ideal response?
Q. #7Describe the ways in which real estate sales brokers may be compensated.
What will be an ideal response?
Q. #8What is an exclusive agency? What is a dual agency?
What will be an ideal response?
Q. #9What duties does an agent owe a principal in an agency relationship?
What will be an ideal response?
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