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Joseph kept thinking about the argument he had the day before. He found himself feeling more and more worried that he had spoken too harshly, replaying the conversation over and over in his mind, thinking about what else he might have said. He is engaged in something called
Creditors' Meeting
A gathering organized during the bankruptcy process where creditors can question the debtor about their finances and the proposed plans for reorganizing or settling debts.
Bankruptcy
A legal status for individuals or entities that cannot repay the debts they owe, allowing them to seek relief through court intervention.
Dischargeable Debts
Debts that can be eliminated through bankruptcy, relieving the debtor from any further obligation for these debts.
Chapter 13
A chapter of the U.S. Bankruptcy Code allowing individuals with regular income to develop a plan to repay all or part of their debts.
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