Explain the likelihood of success on the bank claims

Assignment Help Business Law and Ethics

Reference no: EM13784626

In a 1-2 page Microsoft Word document, discuss the following case study:

When Alexander and Deborah married, Alexander owned a duplex in a community property state. They lived in one side of the duplex.

They saved their money and bought a lake lot as tenants by the entirety. Deborah failed to pay the loans she took out from Savings Bank prior to her marriage to pay for college. The bank claimed the duplex, the lake lot and their savings.

Discuss the likelihood of success on the bank's claims against the properties.

Reference no: EM13784626

Questions Cloud

Good idea to foster conflict at work : Are there situations when it would be a good idea to foster conflict at work? How would you do that yet make sure that the conflict does not escalate into "unhealthy" conflict?

Income tax on the winnings : Mock cashed in the ticket, and gave $500,000 to Tuhi. Who owes income tax on the winnings? Did Mock make a gift to Tuhi?

Compare and contrast the complexity and components of the : Compare and contrast the complexity and components of the school budget between a high school, middle school and elementary school.

Distinguish between legal and employee rights : Normal 0 false false false EN-US X-NONE X-NONE Distinguish between legal and ..

Explain the likelihood of success on the bank claims : Discuss the likelihood of success on the bank's claims against the properties. They saved their money and bought a lake lot as tenants by the entirety

Florida pool data document : For this assignment, you will need to access the Florida Pool Data document, posted in in Updates and Handouts.

Procuring personal property and community property : Locate an article, document, or other material, from this site, which discusses one of the following: Home purchase, Mortgage options and Planning issues

Influence regulation of emotional responses : Write a brief explanation of how cognitive processes can influence regulation of emotional responses. Then explain the influence of appraisal on emotional responses. Finally, provide one example of a conscious cognitive process and one example of ..

User Account

All Pages