Chapter 12

Coversheet  12 coversheet

PowerPoints (lecture series are to big for website, students need to get them from shared drive) 12_1 Lecture series notes and 12_2 Lecture series notes

Student workbook pages (SWB) 12 SWB chapter 12

Chapter Summary Form

vocabulary Quiz

Student Notes 12 Lecture series notes

Textbook (chapter 10, 11, 12) Textbook unit 4 chapter 10_11_12


12.1 Student notes and PP

12.2 Student notes an PP

12.1 What you’ll learn:

  • Define repossession and garnishment
  • Describe the federal laws that regulate consumer credit
  • Discuss your rights under the Consumer Credit Protection Act, the Fair Credit Reporting Act, and the Fair Credit Billing Act
  • Explain the purpose of the Equal Credit Opportunity Act and the Fair Debt Collection Practices Act

You need to know the laws that protect you from creditors when you borrow money or use credit.

12.2 What you’ll learn:

  • Identify and discuss alternatives to bankruptcy
  • Distinguish between the different types of bankruptcy
  • Explain the difference between voluntary and involuntary bankruptcy
  • Identify debts which cannot be discharged by bankruptcy

You will need to know the laws about bankruptcy if you ever find yourself unable to pay off your debts.