Some student loans are dischargeable in a Chapter 7 bankruptcy.

Acceptance of goods precludes the buyer or lessee from exercising the right of rejection.

In a few states, statutes allow the homestead exemption only if the judgment debtor has a family.

In a suretyship relationship, a third person’s credit becomes the security for a debt.

Laurel borrows $150,000 from Marketplace Mortgage Loans to buy a home. The financing documents require Laurel to maintain the property, obtain homeowners’ insurance, and pay all property taxes and other assessments through the lender. With respect to these terms, a court is most likely to​

A homestead exemption allows a debtor to subtract the value of the family home from the amount of a debt.

Once a discharge is granted, it may not be revoked, even if, for example, a debtor concealed property to defraud a creditor.

A trustee has the power to avoid preferences.

Revocation of acceptance is effective on notice to the seller or lessor.

A buyer who rightfully rejects nonconforming goods may obtain cover or cancel the contact, but may not seek damages.