Problemas
What law requires debtors to get counseling before filing for bankruptcy? Fair Debt Collection Practices Act Credit Card Accountability and Disclosure Act of 2009 Bankruptcy Abuse Prevention and Consumer Protection Act Preservation of Consumers' Claims and Defenses Ruling
Roztwór
Daniel
maestro · Tutor durante 5 años
4.3
(192 Votos)
Respuesta
The correct answer is 'Bankruptcy Abuse Prevention and Consumer Protection Act'.
Explicación
## Step 1The question is asking for the specific law that mandates debtors to seek counseling before they can file for bankruptcy. This is a legal requirement that is designed to ensure that debtors are fully aware of the implications of their decision to declare bankruptcy.## Step 2The options provided are all related to financial and consumer protection laws, but they focus on different aspects of financial regulation and consumer rights.## Step 3The Fair Debt Collection Practices Act is primarily concerned with the practices of debt collectors and the rights of consumers in debt.## Step 4The Credit Card Accountability and Disclosure Act of 2009 focuses on the transparency and fairness of credit card practices.## Step 5The Bankruptcy Abuse Prevention and Consumer Protection Act is the law that specifically requires debtors to seek counseling before filing for bankruptcy. This law is designed to ensure that debtors are fully aware of the implications of their decision to declare bankruptcy.## Step 6The Preservation of Consumers' Claims and Defenses Ruling is not a specific law but rather a legal principle that protects consumers' rights in various legal matters.