On May 5, year 1, Hold obtained a $90,000 judgment in a malpractice action against Aker, a physician. On June 2, year 1, Aker obtained a $75,000 loan from Tint Finance Co. by knowingly making certain false representations to Tint.  On July 7, year 1, Aker filed a voluntary petition in bankruptcy under the liquidation provisions of the Bankruptcy Code.  Both Hold and Tint filed claims in Aker’s bankruptcy proceeding.  Assets in Aker’s bankruptcy estate are exempt.  Tint’s claim
　　A. Will cause Aker to be denied a discharge in bankruptcy.
　　B. Will be exempt from Aker’s discharge in bankruptcy.
　　C. Will be discharged in Aker’s bankruptcy proceeding.
　　D. Will be set aside as a preference.
　　Answer:B
　　B is corrent because when a debtor is granted a discharge in a bankruptcy proceeding, most of the debtor’s debts are discharged. However, certain of the debtor’s obligations are not discharged. Tint’s claim is an example of a nondischargeable debt because Aker obtained credit from Tint through the use of false information. Such debts are not dischargeable.
　　A is incorrect because Aker’s misrepresentations to Tint constitutes an action which is not sufficient to bar Aker from a general discharge.
　　C is incorrect because Tint’s claim will not be discharged in Aker’s bankruptcy proceeding.
　　D is incorrect because Tint’s claim is not a preference. A preference is defined as a transfer of property to a creditor in satisfaction of an antecedent debt made within 90 days prior to the filing of the bankruptcy petition while the debtor is insolvent in the bankruptcy sense.