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Question
Jack files a bankruptcy petition under Chapter 7. Among his debts are support owed to his ex-wife Kay, money borrowed from Loans, Inc., to pay taxes, and amounts representing student loans owed to Mega University. Debts most likely to be discharged include claims fora. back taxes accruing within three years before a bankruptcy filing.
b. certain fines and penalties payable to the government.
c. domestic support.
d. student loans if their payment imposes undue hardship on the debtor.
Answer
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Fact Pattern 41-1
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Fact Pattern 41-1
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